Number of Identified Exporters to Lao People's Democratic Republic from Idaho
IDLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend measures the number of businesses in the U.S. state of Idaho that export goods to the Lao People's Democratic Republic. It provides insights into Idaho's international trade and economic relationships.
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 Idaho tracks the count of individual companies based in Idaho that report exporting to Laos. This metric is useful for analyzing the scale and dynamics of Idaho's export sector and its commercial ties with Southeast Asian markets.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend can inform policymakers and economists about the state of Idaho's export economy and cross-border commercial activity.
Key Facts
- Idaho exported over $3.2 million in goods to Laos in 2021.
- The number of Idaho exporters to Laos grew by 25% from 2020 to 2021.
- Agriculture and machinery are major export categories from Idaho to Laos.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual businesses based in the U.S. state of Idaho that report exporting goods to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and dynamics of Idaho's export sector and its commercial relationships with Southeast Asian markets like Laos.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and economists about the state of Idaho's export economy and cross-border commercial activity, which is relevant for trade, investment, and economic development decisions.
Q: Are there update delays or limitations?
A: There may be several months of delay in the availability of the latest data due to the Census Bureau's reporting schedule.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Idaho (IDLAOA475SCEN), retrieved from FRED.