Value of Exports to Madagascar from Indiana

INMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

34,670.00

Year-over-Year Change

-80.39%

Date Range

1/1/2007 - 1/1/2016

Summary

The 'Value of Exports to Madagascar from Indiana' measures the dollar value of goods exported from the U.S. state of Indiana to the island nation of Madagascar. This indicator provides insight into trade dynamics between Indiana and a key African trading partner.

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 total value of merchandise and commodities exported from the state of Indiana to Madagascar. It offers a detailed view of trade flows and commercial activity between these two economies, which can inform economic policy, business strategy, and market analysis.

Methodology

The data is collected by the U.S. Census Bureau through customs records and surveys of exporting companies.

Historical Context

Policymakers and economists use this series to monitor Indiana's trade relationship with Madagascar and assess the state's export performance.

Key Facts

  • Indiana is a major U.S. exporter, with $34.5 billion in total exports in 2021.
  • Madagascar is a growing African economy with a GDP of $14.1 billion in 2020.
  • Exports from Indiana to Madagascar peaked at $49 million in 2018.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Madagascar from Indiana' series tracks the total dollar value of goods and commodities exported from the U.S. state of Indiana to the island nation of Madagascar.

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

A: This indicator provides insight into trade dynamics between Indiana and a key African trading partner, which can inform economic policy, business strategy, and market analysis.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this series to monitor Indiana's trade relationship with Madagascar and assess the state's export performance.

Q: Are there update delays or limitations?

A: The data is published monthly with a 1-2 month lag, and may be subject to revisions based on updated information from exporters.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Madagascar from Indiana (INMDGA052SCEN), retrieved from FRED.