Value of Exports to Nigeria from Indiana
INNGAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,094,627.00
Year-over-Year Change
1637.89%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Nigeria from Indiana' trend measures the total value of goods and services exported from the state of Indiana to Nigeria. This data point is important for economists and policymakers to understand trade dynamics and regional economic conditions.
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 exports originating from Indiana and destined for Nigeria. It provides insight into the scale and direction of trade flows between the U.S. state and the African nation, which can inform decisions around economic development, international commerce, and foreign policy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and market analysts use this export data to assess the health of Indiana's economy and its trade relationships.
Key Facts
- Indiana's exports to Nigeria were valued at $X in the most recent period.
- Exports from Indiana to Nigeria have grown by Y% over the past Z years.
- Nigeria is the Nth largest export destination for goods produced in Indiana.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Nigeria from Indiana' series tracks the total dollar value of goods and services exported from the U.S. state of Indiana to the country of Nigeria.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the trade relationship between Indiana and Nigeria, which is useful for policymakers, businesses, and economists seeking to understand regional economic conditions and international commerce patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Governments, trade organizations, and market analysts use this export data to assess the health of Indiana's economy and inform decisions around economic development, international trade, and foreign policy.
Q: Are there update delays or limitations?
A: This data series is subject to the same update schedules and potential limitations as other economic indicators collected by the U.S. Census Bureau.
Related Trends
Consumer Price Index for Nigeria
DDOE01NGA086NWDB
Number of Identified Exporters to Nigeria from New Mexico
NMNGAA475SCEN
Private Credit by Deposit Money Banks to GDP for Nigeria
DDDI01NGA156NWDB
Official External Debt: Debtor Based for Nigeria
NGADGGDPPT
Use of Financial Services: Number of Depositors at Deposit Taking Microfinance Institutions (MFIs) for Nigeria
NGAFCDODMFPENUM
Bank's Overhead Costs to Total Assets for Nigeria
DDEI04NGA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Nigeria from Indiana (INNGAA052SCEN), retrieved from FRED.