Value of Exports to Chile from Louisiana
LACHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,176,164,427.00
Year-over-Year Change
1347.44%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Chile from Louisiana' series measures the dollar value of goods and services exported from the U.S. state of Louisiana to Chile. This metric is important for economists and policymakers to understand trade flows and commercial activity between the two 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
This economic series tracks the total value of merchandise and services exported from Louisiana to Chile over time. It provides insight into the trade relationship and commercial ties between the two economies, which can inform business strategies, investment decisions, and economic policy.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market analysts use this series to monitor the strength of Louisiana's trade with Chile and identify trends that may impact the broader economy.
Key Facts
- Louisiana's exports to Chile were valued at $257 million in 2021.
- Chile was Louisiana's 23rd largest export destination in 2021.
- The top Louisiana export to Chile is chemical products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Louisiana to the country of Chile.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Louisiana and Chile, which can inform economic policies, business strategies, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to monitor the strength of Louisiana's trade with Chile and identify trends that may impact the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Chile from Louisiana (LACHLA052SCEN), retrieved from FRED.