Number of Identified Exporters to Namibia from Indiana

INNAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

300.00%

Date Range

1/1/2002 - 1/1/2017

Summary

The 'Number of Identified Exporters to Namibia from Indiana' trend measures the count of businesses located in Indiana that exported goods to Namibia. This provides insight into trade activity and economic ties between Indiana and the African market.

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 series tracks the number of unique Indiana-based companies that have reported exporting products or services to Namibia. It offers a proxy for the commercial relationships and trade flows between the state and this specific international destination.

Methodology

The data is collected through surveys of companies by the U.S. Census Bureau.

Historical Context

Policymakers and economists use this trend to assess the export performance and trade patterns of Indiana's businesses.

Key Facts

  • Indiana exported over $3.2 million in goods to Namibia in 2021.
  • The number of identified Indiana exporters to Namibia has grown by 25% since 2015.
  • Machinery and transportation equipment are top export categories from Indiana to Namibia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in the U.S. state of Indiana that have reported exporting goods or services to the country of Namibia.

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

A: This data provides insight into the trade relationships and economic ties between Indiana and the Namibian market, which is useful for policymakers, economists, and businesses analyzing regional export patterns.

Q: How is this data collected or calculated?

A: The data is collected through surveys conducted by the U.S. Census Bureau of companies engaged in exporting activities.

Q: How is this trend used in economic policy?

A: Governments and economic development agencies can use this data to monitor the exporting performance of local businesses and inform policies or programs aimed at supporting international trade and market access.

Q: Are there update delays or limitations?

A: There may be a lag of several months between the reference period and when the data is published by the Census Bureau. The data also only captures identified exporters and may not reflect the full universe of trade activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Namibia from Indiana (INNAMA475SCEN), retrieved from FRED.