Value of Exports to Ethiopia from Indiana
INETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,319,735.00
Year-over-Year Change
990.01%
Date Range
1/1/1997 - 1/1/2017
Summary
The Value of Exports to Ethiopia from Indiana measures the total value of goods and services exported from the state of Indiana to Ethiopia. This metric is important for economists and policymakers to understand trade patterns and economic relationships between Indiana and its international partners.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Value of Exports to Ethiopia from Indiana represents the dollar value of all products and services sent from Indiana businesses to customers and end-users in Ethiopia. This data helps quantify the commercial ties and economic interdependence between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
Policymakers and trade analysts use this metric to evaluate the health of Indiana's export economy and its connections to global markets.
Key Facts
- Indiana is a top-10 exporting state in the U.S.
- Ethiopia is a fast-growing economy in East Africa.
- Exports support thousands of jobs in Indiana
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Ethiopia from Indiana measures the total dollar value of goods and services exported from the state of Indiana to customers in Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade relationships and economic interdependence between Indiana and its international partners, which is crucial information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate the health of Indiana's export economy and its connections to global markets, which informs decisions on trade agreements, economic development, and international relations.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all export activity, as the data relies on survey responses from Indiana businesses.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Indiana (INETHA052SCEN), retrieved from FRED.