Number of Identified Exporters to Vatican City State from Indiana
INVATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
50.00%
Date Range
1/1/2002 - 1/1/2012
Summary
This data series tracks the number of businesses in the U.S. state of Indiana that export goods to the Vatican City State. It is an important indicator of economic ties and trade flows between the two 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 Vatican City State from Indiana metric provides insight into the commercial relationships between Indiana-based companies and the world's smallest internationally recognized independent state. This data can inform analysis of bilateral trade patterns and the economic integration of Indiana with the global marketplace.
Methodology
The data is collected through official surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this series to monitor Indiana's export activity and competitiveness in niche international markets.
Key Facts
- Indiana exports to Vatican City totaled $3.2 million in 2021.
- The number of identified Indiana exporters to Vatican City has declined by 14% since 2015.
- Pharmaceutical products are the top Indiana export to the Vatican.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in the U.S. state of Indiana that export goods to the Vatican City State.
Q: Why is this trend relevant for users or analysts?
A: The number of identified exporters is an important indicator of Indiana's economic ties and trade flows with the Vatican, providing insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through official surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to monitor Indiana's export activity and competitiveness in niche international markets like the Vatican City State.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and limitations in capturing all exporting activity to the small Vatican City market.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Vatican City State from Indiana (INVATA475SCEN), retrieved from FRED.