Value of Exports to India from Minnesota
MNINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205,664,817.00
Year-over-Year Change
144.73%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the value of exports from the U.S. state of Minnesota to India. It provides insight into trade dynamics and economic ties 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 Value of Exports to India from Minnesota measures the total dollar value of goods and services exported from Minnesota to India. This metric is used by economists and policymakers to analyze trade patterns, economic integration, and the strength of bilateral commercial relationships.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of Minnesota exporters.
Historical Context
This export value trend is relevant for assessing the health of Minnesota's export economy and its integration with the Indian market.
Key Facts
- Minnesota exported over $1 billion in goods and services to India in 2021.
- India was Minnesota's 8th largest export destination in 2021.
- Agricultural products make up a significant portion of Minnesota's exports to India.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of exports from the U.S. state of Minnesota to India, providing insight into bilateral trade flows.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Minnesota's export economy and its economic ties with the Indian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Minnesota-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export value trend to assess trade dynamics and the strength of the commercial relationship between Minnesota and India.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, as the Census Bureau's trade statistics can have a delay of several months.
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Citation
U.S. Federal Reserve, Value of Exports to India from Minnesota (MNINDA052SCEN), retrieved from FRED.