Value of Exports to Senegal from Louisiana
LASENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,955,416.00
Year-over-Year Change
544.07%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Senegal from Louisiana' series measures the total value of goods and services exported from the state of Louisiana to Senegal. This metric is important for economists and policymakers to track Louisiana's trade flows and commercial relationships with African markets.
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 data series provides insights into Louisiana's export activity to the West African nation of Senegal. It reflects the total monetary value of physical goods and intangible services sold from Louisiana businesses to Senegalese buyers over a given time period.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Trends in Louisiana's exports to Senegal are relevant for state and federal trade policy analysis and decisions.
Key Facts
- Louisiana exported $15.2 million in goods and services to Senegal in 2021.
- Senegal was Louisiana's 51st largest export market in 2021.
- Top Louisiana exports to Senegal include agricultural products and machinery.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total monetary value of goods and services exported from the U.S. state of Louisiana to the country of Senegal.
Q: Why is this trend relevant for users or analysts?
A: Tracking Louisiana's export flows to Senegal provides insights into the state's trade relationships and commercial activity with African markets, which is valuable information for economic policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Trends in Louisiana's exports to Senegal are relevant for state and federal trade policy analysis and decisions, as they indicate the strength of commercial ties between the two regions.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data by the Census Bureau.
Related Trends
People 15 Years and Over with Account at a Formal Financial Institution for Senegal
DDAI05SNA156NWDB
Literacy Rate, Adult Total for Senegal
SEADTLITRZSSEN
Number of Identified Exporters to Senegal from Wyoming
WYSENA475SCEN
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Senegal
DDDI04SNA156NWDB
Population ages 65 and above for Senegal
SPPOP65UPTOZSSEN
Number of Identified Exporters to Senegal from Arizona
AZSENA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Senegal from Louisiana (LASENA052SCEN), retrieved from FRED.