Value of Exports to Finland from Louisiana
LAFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,380,330.00
Year-over-Year Change
17.49%
Date Range
1/1/1992 - 1/1/2016
Summary
The Value of Exports to Finland from Louisiana measures the total value of goods and services exported from Louisiana to Finland. This trend provides important insights into Louisiana's trade relationships and economic ties with Finland.
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 tracks the value of exports from Louisiana to Finland, capturing the flow of goods and services between the two economies. It is used by economists, policymakers, and businesses to analyze Louisiana's trade patterns and competitiveness in the global marketplace.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
The export value trend is relevant for understanding Louisiana's economic integration with Finland and the broader Eurozone.
Key Facts
- Louisiana exported $73.2 million worth of goods and services to Finland in 2021.
- Finland was Louisiana's 40th largest export destination in 2021.
- Chemicals, machinery, and transportation equipment are Louisiana's top exports to Finland.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Finland from Louisiana measures the total monetary value of goods and services exported from the state of Louisiana to the country of Finland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Louisiana's trade relationships and economic integration with Finland, which is important for understanding the state's competitiveness in global markets and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Louisiana's trade patterns, identify export opportunities, and inform decisions related to economic development, trade agreements, and international market access.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a lag of several months between the reference period and the release of the information.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Louisiana (LAFINA052SCEN), retrieved from FRED.