Number of Identified Exporters to Namibia from Louisiana
LANAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
28.57%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the number of exporters from Louisiana to Namibia. It provides insights into the trade relationship and commercial activity between the U.S. state and the African country.
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 Namibia from Louisiana tracks the count of individual companies or entities based in Louisiana that export goods or services to Namibia. This data is useful for analyzing trends in Louisiana's export market and trade patterns with specific countries.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Policymakers and trade analysts use this metric to assess Louisiana's export performance and competitiveness in global markets.
Key Facts
- Louisiana exported goods worth $3.3 billion to international markets in 2021.
- Namibia imported $144 million in goods from the United States in 2020.
- The number of Louisiana exporters to Namibia has increased by 20% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual companies or entities based in the U.S. state of Louisiana that export goods or services to the country of Namibia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and commercial activity between Louisiana and Namibia, which is useful for analyzing export market trends and the competitiveness of Louisiana businesses in global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Louisiana's export performance and inform decisions related to economic development, trade promotion, and international market strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. Additionally, the metric may not capture all exporters, particularly smaller or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Namibia from Louisiana (LANAMA475SCEN), retrieved from FRED.