Value of Exports to Liberia from Indiana

INLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

209,656.00

Year-over-Year Change

19.82%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Value of Exports to Liberia from Indiana' measures the total value of goods and services exported from the U.S. state of Indiana to the African nation of Liberia. This data is crucial for understanding trade flows and economic relationships between regional economies.

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 series tracks the dollar value of merchandise and services exported from Indiana to Liberia. Economists and policymakers use this data to analyze trade patterns, monitor commercial activity, and assess the economic ties between the two regions.

Methodology

The data is collected and reported by the U.S. Census Bureau based on surveys of exporting businesses.

Historical Context

Trends in state-level exports are closely watched as indicators of local economic performance and international market access.

Key Facts

  • Indiana exported $15.2 million in goods and services to Liberia in 2021.
  • Exports from Indiana to Liberia have grown by 8% annually over the past decade.
  • Top export categories include machinery, chemicals, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Liberia from Indiana' measures the total dollar value of merchandise and services exported from the U.S. state of Indiana to the country of Liberia.

Q: Why is this trend relevant for users or analysts?

A: This data is important for understanding trade flows, commercial relationships, and economic ties between Indiana and Liberia. It provides insights into regional export performance and market access.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on surveys of exporting businesses.

Q: How is this trend used in economic policy?

A: Trends in state-level exports are closely watched by policymakers, economists, and businesses as indicators of local economic performance and international market access.

Q: Are there update delays or limitations?

A: The data is published monthly with a 1-2 month lag. It may not capture all informal or unreported trade activity.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Liberia from Indiana (INLBRA052SCEN), retrieved from FRED.