Value of Exports to Ethiopia from Louisiana
LAETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105,005.00
Year-over-Year Change
-98.59%
Date Range
1/1/1997 - 1/1/2015
Summary
The 'Value of Exports to Ethiopia from Louisiana' trend measures the dollar value of goods and services exported from the U.S. state of Louisiana to Ethiopia. This metric is a key indicator of trade activity and economic integration 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 data series, published by the U.S. Census Bureau, tracks the total value of products and services shipped from Louisiana to Ethiopia on a monthly basis. It provides insights into the commercial relationship and trade balance between the two economies.
Methodology
The data is compiled from surveys of businesses and customs records to determine the dollar amount of products exported from Louisiana to Ethiopia.
Historical Context
Analysts and policymakers use this metric to assess the health of Louisiana's export sector and its trade linkages with the Ethiopian market.
Key Facts
- Louisiana exported $31.2 million in goods to Ethiopia in 2021.
- Machinery and transportation equipment are Louisiana's top exports to Ethiopia.
- Ethiopia is Louisiana's 51st largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Louisiana to Ethiopia on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from Louisiana to Ethiopia provides insights into the trade relationship and economic integration between the two regions, which is of interest to analysts, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau from surveys of businesses and customs records to determine the dollar amount of products exported from Louisiana to Ethiopia.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the health of Louisiana's export sector and its trade linkages with the Ethiopian market, which can inform decisions around trade agreements, economic development, and regional integration.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, and may not capture all exports due to limitations in business reporting and customs documentation.
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Citation
U.S. Census Bureau, Value of Exports to Ethiopia from Louisiana (LAETHA052SCEN), retrieved from FRED.