Value of Exports to India from Nevada

NVINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

49,546,132.00

Year-over-Year Change

1097.08%

Date Range

1/1/1997 - 1/1/2011

Summary

The 'Value of Exports to India from Nevada' series measures the total value of goods and services exported from the state of Nevada to India. This metric is important for economists and policymakers to track Nevada's international trade and economic ties.

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 provides an indicator of Nevada's export activity and commercial relationships with the Indian market. It can be used to analyze trends in Nevada's export economy and trade balance with a major global trade partner.

Methodology

The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Historical Context

Policymakers and businesses can use this data to inform decisions around economic development, export promotion, and trade policy.

Key Facts

  • Nevada's exports to India were valued at $XXX in the latest year.
  • India ranks as Nevada's Xth largest export destination.
  • Nevada's exports to India have grown by X% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the state of Nevada to India. It provides an indicator of Nevada's international trade activity and economic ties with the Indian market.

Q: Why is this trend relevant for users or analysts?

A: This data is important for economists, policymakers, and businesses to track Nevada's export economy and trade relationship with a major global partner like India. It can inform decisions around economic development, export promotion, and trade policy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Q: How is this trend used in economic policy?

A: Policymakers and businesses can use this data on Nevada's exports to India to analyze trade patterns, identify opportunities, and inform decisions around economic development and trade policy.

Q: Are there update delays or limitations?

A: There may be lags of several months in the reporting of this data due to the time required for collection and compilation by statistical agencies.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to India from Nevada (NVINDA052SCEN), retrieved from FRED.