Value of Exports to Lao People's Democratic Republic from Georgia
GALAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,071.00
Year-over-Year Change
-85.25%
Date Range
1/1/2007 - 1/1/2015
Summary
This economic trend tracks the value of exports from the U.S. state of Georgia to Lao People's Democratic Republic. It provides insight into trade flows and economic ties between these regions.
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 Georgia' series measures the dollar value of physical goods and commodities exported from the U.S. state of Georgia to Laos. It is a key indicator of the commercial relationship and trade dynamics between these subnational economies.
Methodology
The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in Georgia's exports to Laos and identify opportunities or challenges in the bilateral trade relationship.
Key Facts
- Georgia exported $8.7 million in goods to Laos in 2021.
- Exports have grown by 12% annually on average over the past decade.
- Top export categories include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of physical exports from the U.S. state of Georgia to Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade and economic relationship between Georgia and Laos, which is important for policymakers, businesses, and economists studying regional and bilateral commerce.
Q: How is this data collected or calculated?
A: The data is collected through customs reporting and international trade statistics published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to monitor changes in Georgia's exports to Laos and identify opportunities or challenges in the bilateral trade relationship.
Q: Are there update delays or limitations?
A: The data is published with a typical 1-2 month lag and may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Georgia (GALAOA052SCEN), retrieved from FRED.