Value of Exports to Lao People's Democratic Republic from Arizona
AZLAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132,769.00
Year-over-Year Change
-23.07%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic trend measures the value of exports from the state of Arizona to the Lao People's Democratic Republic. It provides insights into the trade relationship between Arizona and Laos.
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
The Value of Exports to Lao People's Democratic Republic from Arizona is a key economic indicator that tracks the monetary value of goods shipped from Arizona to Laos. This data point is used by economists and policymakers to analyze Arizona's export performance and the state's trade dynamics with Southeast Asian markets.
Methodology
The data is collected by the U.S. Census Bureau through its export reporting system.
Historical Context
This trend is relevant for understanding Arizona's export-oriented economic activity and its engagement with emerging markets in Asia.
Key Facts
- Arizona exported $2.9 million worth of goods to Laos in 2021.
- Exports to Laos account for less than 0.1% of Arizona's total exports.
- The top exported products from Arizona to Laos are agricultural machinery and aircraft parts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and products exported from the state of Arizona to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Arizona's trade relationship with Laos, which is an important indicator of the state's export performance and engagement with emerging Southeast Asian markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its export reporting system.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Arizona's export-oriented economic activity and inform decisions related to international trade, market diversification, and export promotion strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all export transactions from Arizona to Laos.
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Citation
U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Arizona (AZLAOA052SCEN), retrieved from FRED.