Number of Identified Exporters to India from Nevada
NVINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.00
Year-over-Year Change
124.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Nevada' trend measures the count of Nevada-based companies that export goods and services to India. This data point is valuable for economists and policymakers analyzing trade flows and international business activity.
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 number of unique exporting entities located in Nevada that sell their products or services to customers in India. It provides insight into the extent and diversity of Nevada's export relationships with one of the world's largest and fastest-growing economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
Policymakers and trade analysts use this metric to monitor Nevada's export competitiveness and the health of its trade ties with India.
Key Facts
- Nevada exported $252 million in goods to India in 2021.
- The number of Nevada exporters to India has grown by 25% since 2015.
- India is Nevada's 5th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Nevada that export goods or services to customers in India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and diversity of Nevada's trade relationships with the Indian market, which is crucial for understanding the state's export competitiveness and economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor Nevada's export performance and the health of its trade ties with India, one of the world's largest and fastest-growing economies.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all exporting entities, especially smaller businesses.
Related Trends
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International Merchandise Trade Statistics: Trade Balance: Commodities for India
XTNTVA01INA664N
Fertility Rate, Total for India
SPDYNTFRTININD
Financial Market: Share Prices for India
SPASTT01INM661N
Value of Exports to India from Kansas
KSINDA052SCEN
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for India
INDCP030000IXNBQ
Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Nevada (NVINDA475SCEN), retrieved from FRED.