Value of Exports to Brazil from Louisiana
LABRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,643,695,771.00
Year-over-Year Change
708.66%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Brazil from Louisiana' series measures the total value of goods and services exported from the U.S. state of Louisiana to Brazil. This metric is important for economists and policymakers to assess Louisiana's trade relationships and economic interdependence with major international partners.
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 represents the monetary value of all products and services shipped from Louisiana to Brazil, a key trading partner for the state. It is used to analyze trends in Louisiana's export activity, trade balance, and economic integration with the Brazilian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend helps inform trade policy decisions and business strategies related to the Louisiana-Brazil economic corridor.
Key Facts
- Louisiana exported over $1 billion in goods to Brazil in 2021.
- Brazil is Louisiana's 5th largest export market.
- Top Louisiana exports to Brazil include chemical products, machinery, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all goods and services exported from the U.S. state of Louisiana to Brazil.
Q: Why is this trend relevant for users or analysts?
A: This export value trend helps economists and policymakers assess Louisiana's trade relationships and economic integration with a major international partner, Brazil.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export value trend informs trade policy decisions and business strategies related to the Louisiana-Brazil economic corridor.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for collection and publication by the Census Bureau.
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Exchange Rate Adjusted Changes of Domestic Debt Securities for All Issuers, Residence of Issuer in Brazil
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Value of Exports to Brazil from Utah
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from Louisiana (LABRAA052SCEN), retrieved from FRED.