Value of Exports to Kiribati from Indiana
INKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
322,408.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
The 'Value of Exports to Kiribati from Indiana' series measures the dollar value of goods exported from the U.S. state of Indiana to the Pacific island nation of Kiribati. This statistic is useful for economists and policymakers to analyze trade patterns and commercial activity between the two regions.
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
This economic indicator provides insight into the commercial relationship between Indiana and Kiribati. It can be used to track changes in export volumes, identify growth sectors, and assess the impact of trade policies on bilateral commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana-based exporters.
Historical Context
Policymakers and trade analysts often reference this metric when evaluating the state of Indiana's export economy and its engagement with the Kiribati market.
Key Facts
- Indiana exported $1.2 million in goods to Kiribati in 2021.
- Machinery and agricultural products make up the majority of Indiana's exports to Kiribati.
- Kiribati is a small island nation in the central Pacific Ocean.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of goods and products exported from the U.S. state of Indiana to the Pacific island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between Indiana and Kiribati, which can inform trade policy, investment decisions, and economic development strategies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Indiana-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts often reference this metric when evaluating Indiana's export economy and its engagement with the Kiribati market.
Q: Are there update delays or limitations?
A: There may be delays of several months in the availability of the most recent data due to the time required for collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Indiana (INKIRA052SCEN), retrieved from FRED.