Value of Exports to Saudi Arabia from Indiana
INSAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141,113,448.00
Year-over-Year Change
101.57%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Saudi Arabia from Indiana' measures the dollar value of goods and services exported from the state of Indiana to the Kingdom of Saudi Arabia. This metric is important for analyzing Indiana's international trade patterns and economic relationships.
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 monetary value of all exported products and services originating from Indiana businesses and shipped to customers in Saudi Arabia. It provides insight into the commercial ties between the Hoosier State and a key trading partner in the Middle East.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and businesses use this metric to assess Indiana's export performance and competitiveness in global markets.
Key Facts
- Indiana exported $302 million to Saudi Arabia in 2021.
- Top exported products include transportation equipment and agricultural goods.
- Saudi Arabia is Indiana's 18th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total monetary value of goods and services exported from the state of Indiana to customers in Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Indiana's international trade relationships and can inform economic policy, business strategy, and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting firms located in Indiana.
Q: How is this trend used in economic policy?
A: Policymakers and government agencies use this metric to assess Indiana's export performance and competitiveness in the global economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, usually 6-12 months after the reference period. It may not capture all export activity due to survey limitations.
Related Trends
Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Saudi Arabia
CRDQSAAPUBIS
Value of Exports to Saudi Arabia from South Carolina
SCSAUA052SCEN
Value of Exports to Saudi Arabia from Texas
TXSAUA052SCEN
Current Account (Excludes Exceptional Financing), Net for Saudi Arabia
CUAEEFSAQ052N
M2 for Saudi Arabia
MYAGM2SAM189N
U.S. Imports of Goods by Customs Basis from Saudi Arabia
IMP5170
Citation
U.S. Federal Reserve, Value of Exports to Saudi Arabia from Indiana (INSAUA052SCEN), retrieved from FRED.