Value of Exports to Costa Rica from Louisiana

LACRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

466,231,370.00

Year-over-Year Change

88.78%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Costa Rica from Louisiana' series measures the dollar value of goods and services exported from the U.S. state of Louisiana to Costa Rica. This metric is important for economists and policymakers to analyze trade relationships and monitor economic activity.

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 series represents the total value of merchandise and services exported from Louisiana to Costa Rica. It is used to assess the strength of Louisiana's export economy and its trade ties with Central American markets.

Methodology

The data is collected by the U.S. Census Bureau through customs records and surveys of businesses.

Historical Context

This export value trend is relevant for understanding Louisiana's position in global supply chains and the state's economic performance.

Key Facts

  • Louisiana exported $258 million in goods and services to Costa Rica in 2021.
  • Exports to Costa Rica account for 2.1% of Louisiana's total international exports.
  • The top export categories from Louisiana to Costa Rica are machinery, chemicals, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This series measures the dollar value of goods and services exported from the U.S. state of Louisiana to Costa Rica.

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

A: This metric is important for assessing Louisiana's trade relationships, economic competitiveness, and position in global supply chains.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through customs records and surveys of businesses.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this export value data to monitor Louisiana's trade activity and competitiveness in Central American markets.

Q: Are there update delays or limitations?

A: The data is published monthly with a 3-month lag, and may not capture all informal or unreported trade activities.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Costa Rica from Louisiana (LACRIA052SCEN), retrieved from FRED.