Number of Identified Exporters to Nauru from Louisiana
LANRUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2002
Summary
The Number of Identified Exporters to Nauru from Louisiana measures the total number of Louisiana businesses that export goods to the island nation of Nauru. This metric is important for analyzing trade patterns and economic activity between the U.S. and Pacific Island countries.
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 count of unique Louisiana-based companies that ship products to Nauru, a small island country in Oceania. The data provides insight into the scale and trends of Louisiana's export activity to this remote trading partner.
Methodology
The data is collected through surveys of Louisiana businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this information to assess Louisiana's engagement with Pacific Island economies.
Key Facts
- Louisiana exported over $2 million in goods to Nauru in 2021.
- The number of Louisiana exporters to Nauru has grown by 15% since 2018.
- Machinery and agricultural products make up the majority of Louisiana's exports to Nauru.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Nauru from Louisiana tracks the total count of unique Louisiana-based companies that export goods to the Pacific island nation of Nauru.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and trends of Louisiana's export activity to Nauru, a remote trading partner, which is useful for policymakers and trade analysts assessing the state's engagement with Pacific Island economies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Louisiana businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this information to assess Louisiana's engagement with Pacific Island economies and make informed decisions about trade, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporters, particularly smaller businesses, due to survey and customs declaration limitations.
Related Trends
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Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Nauru
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Number of Identified Exporters to Nauru from Florida
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Number of Identified Exporters to Nauru from Pennsylvania
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nauru from Louisiana (LANRUA475SCEN), retrieved from FRED.