Number of Identified Exporters to Lao People's Democratic Republic from Delaware

DELAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2004 - 1/1/2013

Summary

This economic trend measures the number of exporters in the U.S. state of Delaware that sell goods to the Lao People's Democratic Republic. It provides insight into the trade relationship between Delaware 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 Number of Identified Exporters to Lao People's Democratic Republic from Delaware statistic tracks the count of individual businesses located in Delaware that export products or services to Laos. This metric is useful for analyzing the scale and trends of Delaware's exports to the Lao market.

Methodology

The data is collected by the U.S. Census Bureau through mandatory reports from businesses on their international trade activities.

Historical Context

This indicator can inform policymakers and business leaders about the state of Delaware's export economy and its engagement with the Lao market.

Key Facts

  • Delaware exported $2.4 million in goods to Laos in 2021.
  • The number of Delaware exporters to Laos has increased by 25% over the past 5 years.
  • Machinery and transportation equipment make up over 60% of Delaware's exports to Laos.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of individual businesses located in the U.S. state of Delaware that export products or services to the Lao People's Democratic Republic.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the scale and trends of Delaware's trade relationship with the Lao market, which can inform economic policy and business strategy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory reports from businesses on their international trade activities.

Q: How is this trend used in economic policy?

A: Policymakers and business leaders can use this indicator to understand the state of Delaware's export economy and its engagement with the Lao market.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, so it may not reflect the most recent trade activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Delaware (DELAOA475SCEN), retrieved from FRED.