Value of Exports to India from South Carolina
SCINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
381,506,747.00
Year-over-Year Change
260.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from South Carolina' metric tracks the total dollar value of goods and services exported from South Carolina to India. This data provides insight into the economic relationship and trade flows between the state and this key international market.
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 economic series reports the value of exports originating from South Carolina that are destined for India. It is an important indicator of the commercial and trade-based interactions between the state and one of its major international trade partners.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. Exports by State and Metropolitan Area program.
Historical Context
Policy makers and trade analysts use this metric to evaluate South Carolina's export performance and economic integration with the Indian market.
Key Facts
- South Carolina exported over $1 billion in goods and services to India in 2021.
- India was the 4th largest export destination for South Carolina in 2021.
- Automotive and aircraft parts are major South Carolina exports to India.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the state of South Carolina to the country of India.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial and trade relationship between South Carolina and one of its key international markets, which is important for understanding state and regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its U.S. Exports by State and Metropolitan Area program.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate South Carolina's export performance and economic integration with the Indian market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-3 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to India from South Carolina (SCINDA052SCEN), retrieved from FRED.