what is indianas biggest export

What are Indiana’s Top 10 exports?

Indiana’s top 10 exports accounted for 38.5% of the overall value of the state’s global shipments. Miscellaneous medications: US$3.6 billion (10.3% of Indiana’s total exports) Composite diagnostic/laboratory reagents: $0.8 billion (2.2%) Immunological goods in measured doses: $1.8 billion (5.1%)

What is India’s biggest export?

India’s weaker local currency makes Indian exports paid for in stronger US dollars relatively less expensive for international buyers. India’s biggest export products by value in 2020 were refined petroleum oils, diamonds, pharmaceuticals, jewelry and cars.

How much does Indiana export to Canada?

Small and medium-sized firms generated 16.3 percent of Indiana's total exports of goods in 2016. The state’s largest market was Canada. Indiana exported $13.4 billion in goods to Canada in 2018, representing 34 percent of the state’s total goods exports.

What are the biggest industries in Indiana?

Indiana’s hardwood industry supports 70,000 jobs -- 44,000 in primary and secondary manufacturing and 26,000 in ancillary sectors. There are more than 4.2 million hogs in Indiana. Indiana has an estimated 187,000 dairy cows. 96 percent of farms are family-owned or operated.

What is the biggest export in Indiana in 2020?

What is the Indiania flag?

How much is Indiana exporting in 2020?

What is surplus or deficit?

What is the capital of Indiana?

Which countries trade with Indiana?

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What is America's #1 export?

America's 5 biggest export products by value in 2021 were refined petroleum oils, crude oil, petroleum gases, cars and electronic integrated circuits. In aggregate, those major exported goods accounted for 18.8% of overall exports sold by the United States.

What does Indiana import?

In July 2022 the top imports of Indiana were Vaccines, blood, antisera, toxins and cultures ($713M), Packaged Medicaments ($704M), Motor vehicles; parts and accessories (8701... ($293M), Oxygen Heterocyclic Compounds ($264M), and Commodities not elsewhere specified ($188M).

What is the state biggest export?

TexasExportsNational rankState/territoryLargest export product—United Statestransportation equipment1Texasoil & gas2Californiacomputer & electronic products3New Yorkmiscellaneous manufactured commodities54 more rows

What are New Hampshire's top 3 exports?

Agriculture in New Hampshire depends on Exports2017 Value2017 State Rankdairy products$7 million36other poultry products$7 million36other livestock products$5 million47beef and veal$699 thousand461 more row

How does Indiana make money?

Indiana is also the 2nd largest auto manufacturing state. Indiana's other manufactures include pharmaceuticals and medical devices, automobiles, electrical equipment, transportation equipment, chemical products, rubber, petroleum and coal products, and factory machinery....Economy of Indiana.StatisticsExpenses$13,036 million9 more rows

What is Indiana known for producing?

In Indiana agriculture, corn and soybeans are at the top of the list. These two cash crops make up approximately 60 percent of the agricultural products sold in Indiana. In a typical year, almost half of the cropland in Indiana is corn.

What are the top 3 major exports?

According to the most recent data from CIA Factbook, the following are the United States' top exports:Refined Petroleum: $84.9 billion. ... Crude Petroleum: $61.9 billion. ... Cars: $56.9 billion. ... Integrated Circuits: $41.4 billion. ... Vehicle Parts: $41.2 billion.

What are the 5 top export states in the United States?

America's top 5 export states–Texas, California, New York, Louisiana and Illinois–collected 44.7% of all American export sales in 2021.

Which state exports the most food?

California exports the most food in the United States. Iowa, Texas, Illinois, Nebraska, and Minnesota are also top food exporters.

What is the #1 export that the US sends to China?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China.

What is New Hampshire's biggest crop?

New Hampshire's most important field crop is hay, used mainly for cattle and horse feed. Maple syrup is an important farm product.

What are the main exports from each state?

Here's the biggest export good from each state, based on 2016 dollar value:ALABAMA: Cars. Cars. ... ARIZONA: Aircraft. A plane. ... CALIFORNIA: Aircraft. A helicopter. ... CONNECTICUT: Aircraft. A plane. ... FLORIDA: Aircraft. A plane. ... HAWAII: Aircraft parts. An airplane engine. ... ILLINOIS: Refined oil. ... IOWA: Corn.More items...•

What import in India from America?

India Imports from United StatesValueYearMineral fuels, oils, distillation products$15.41B2021Pearls, precious stones, metals, coins$7.07B2021Machinery, nuclear reactors, boilers$3.23B2021Organic chemicals$1.91B202193 more rows

What is the number 1 industry in Indiana?

Taking all three sectors into consideration, the textile industry is the largest industry in India. It accounts for around 20 percent of the industrial output and also provides employment to over 20 million individuals.

What are the 2 largest tax sources for the state of Indiana?

About 60.3 percent of Indiana's total state tax collections came from sales taxes and gross receipts.

Where does Indiana get most of its energy from?

coalIn 2021, Indiana was among the top 10 states in the share of its total in-state utility-scale (1 megawatt or larger) electricity generation fueled by coal. Eight of Indiana's largest power plants by capacity and six of the largest by actual annual generation are coal-fired.

Indiana | United States Trade Representative

55 percent of Indiana’s exports ($21.7 billion) go to current FTA partners. Agriculture in Indiana depends on Exports. Indiana is the country’s 8 th largest agricultural exporting state, shipping $4.6 billion in domestic agricultural exports abroad in 2017 (latest data available according to the U.S. Dept. of Agriculture). 1. Top Agricultural exports (2017 values) were:

California's Top Exports 2021 & 2022

California’s state flag Nicknamed “The Golden State” stretching along America’s west coast within the Pacific Region, California shipped US$174.9 billion worth of goods around the globe in 2021. That dollar amount represents a flatlining -1.8% decline from $178.2 billion 4 years earlier in 2018. Year over year, the overall value of exported Californian exported products grew by 12.2% ...

How much did Indiana export in 2018?

Indiana. In 2018, Indiana exported a record $39.3 billion of Made-in-America goods to the world. In 2016, exports from Indiana supported an estimated 182 thousand jobs. Indiana was the 12th largest state exporter of goods in 2018. In 2018, Indiana goods exports were $39.3 billion, an increase of 48 percent ...

How many companies exported from Indiana in 2016?

A total of 8,170 companies exported from Indiana locations in 2016 (latest year available). Of those, 6,872 (84 percent) were small and medium sized enterprises with fewer than 500 employees.

What is Indiana's largest market?

The state’s largest market was Canada. Indiana exported $13.4 billion in goods to Canada in 2018, representing 34 percent of the state’s total goods exports.

What is the largest export in Indiana?

The state's largest manufacturing export category is transportation equipment, which accounted for $12.4 billion of Indiana's total goods exports in 2018.

What are the major sources of foreign investment in Indiana?

Major sources of foreign investment in Indiana included Japan, the United Kingdom and France. Foreign investment in Indiana was responsible for 7.2 percent of the state's total private-industry employment in 2015. Indiana’s Major Metropolitan Areas Benefit from Exporting.

Vehicles

Figure 1 shows the share of U.S. vehicle exports in 2007 for destination countries with export purchases greater than $200 million. While Canada captured 46.5 percent of this export category in 2007 and Mexico captured 12.5 percent, the relative share for these two countries has been declining recently.

Industrial Machinery

Figure 5 presents export value and growth among the top state exporters of industrial machinery. Indiana remained just out of the top 10 in 2007, despite a 25.9 percent increase over 2006. Figure 6 plots the 2007 value of exports and the 2001–2007 rate of growth for industrial machinery exports to Indiana's top five destinations.

Pharmaceuticals

Leading pharmaceutical exporting states are shown in Figure 7. California and Massachusetts are the leaders among the states with 16.9 percent and 13.6 percent of pharmaceutical exports, respectively.

Conclusion

Vehicles and machinery remain Indiana's top two export commodities and both have had an expansion in their export sales in recent years. The rapid growth of pharmaceutical product exports—23 percent growth at an average annual rate since 2001—has made it Indiana's fourth largest export commodity and therefore worth watching.

How much has the Indian rupee dropped in 2020?

Based on the average exchange rate for 2020 on a Purchasing Power Parity basis, the Indian rupee dropped by -7.3% against the US dollar since 2016 and depreciated by -0.3% from 2019 to 2020. India’s weaker local currency makes Indian exports paid for in stronger US dollars relatively less expensive for international buyers.

What are the main exports of India in 2020?

India’s biggest export products by value in 2020 were refined petroleum oils, diamonds, pharmaceuticals, jewelry and cars. In aggregate, those major exports account for almost one third of the India’s overall exports sales. The commodities themselves suggest a relatively diversified range of exported goods.

What is net export?

Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. In a nutshell, net exports is the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.

How much is India's trade deficit in 2020?

Opportunities. Overall, India incurred a -$92.5 billion trade deficit for all products during 2020, shrinking -40.6% from -$155.6 billion in red ink one year earlier. Below are exports from India that result in negative net exports or product trade balance deficits.

How much did India ship in 2020?

Strategically located near highly populated trading partners including China, Pakistan and Bangladesh, the Republic of India shipped US$275.5 billion worth of goods around the globe in 2020. That dollar amount reflects a 5.6% increase since 2016 but a -14.8% decline from 2019 to 2020.

What is the biggest export in Indiana in 2020?

Indiana’s biggest export in 2020 was miscellaneous medications accounting for 10.3% of the state’s aggregated exports revenue. The state’s top 3 exports were miscellaneous medications , immunological products in measured doses and motor vehicle transmissions representing 19.9% of the total. Those percentages suggest a relatively concentrated range of exported goods notably for pharmaceuticals.

What is the Indiania flag?

by Daniel Workman. Indiania state flag. Nicknamed “The Hoosier State” and located in America’s Midwestern and Great Lakes regions, Indiana shipped US$35.3 billion worth of goods around the globe in 2020. That dollar amount reflects a -10.2% decrease from 2019 to 2020 and a -6.5% downtick since 2017.

How much is Indiana exporting in 2020?

Given Indiana’s population of 6.764 million people, its total $35.3 billion in 2020 exports translates to roughly $5,200 for every resident in the Hoosier State. Indiana’s unemployment rate was 4% at February 2021, up from 3.2% one year earlier per YCharts.

What is surplus or deficit?

Another way of saying surplus or deficit is positive or negative net exports. In a nutshell, the term “net exports” quantifies the amount by which foreign spending on a state’s goods or services exceeds or lags that same state’s spending on foreign goods or services.

What is the capital of Indiana?

Indiana’s capital is Indianapolis, a city nicknamed “Indy”, “Circle City” and the “Crossroads of America”.

Which countries trade with Indiana?

Italy: $1.1 billion (3.1%) United Kingdom: $938 million (2.7%) Brazil: $662 million (1.9%) Indiana’s top trade partners in North America, Canada and Mexico, account for 44.6% of the overall value of exported goods from the Hoosier State.