Number of Identified Exporters to Papua New Guinea from Indiana
INPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
250.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Indiana to Papua New Guinea. It provides insights into trade flows and economic relationships between these 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
The Number of Identified Exporters to Papua New Guinea from Indiana metric tracks the count of unique companies or entities located in Indiana that are exporting goods or services to Papua New Guinea. This data helps economists and policymakers understand the scale and patterns of trade between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
This trend can inform decisions related to trade policy, market access, and economic development initiatives.
Key Facts
- Indiana exported over $4 million in goods to Papua New Guinea in 2021.
- The number of identified Indiana exporters to Papua New Guinea has increased by 25% over the past 5 years.
- Top export categories from Indiana to Papua New Guinea include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies or entities located in the U.S. state of Indiana that are exporting goods or services to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and patterns of trade between Indiana and Papua New Guinea, which can inform decisions related to trade policy, market access, and economic development initiatives.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this trend to understand the economic relationship between Indiana and Papua New Guinea, and to develop strategies to promote trade and investment between the two regions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the U.S. Census Bureau's export reporting program.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Indiana (INPNGA475SCEN), retrieved from FRED.