Number of Identified Exporters to Lao People's Democratic Republic from Montana

MTLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2007 - 1/1/2016

Summary

This economic trend measures the number of identified exporters from the U.S. state of Montana to the Lao People's Democratic Republic. It provides insight into the trade relationship between Montana and this Southeast Asian nation.

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 Lao People's Democratic Republic from Montana series tracks the count of businesses located in Montana that are actively exporting goods and services to Laos. This metric is used by economists and policymakers to analyze trends in Montana's international trade activity.

Methodology

The data is collected by the U.S. Census Bureau through surveys of registered business entities.

Historical Context

Monitoring exporter counts can inform policies aimed at promoting or facilitating trade between the U.S. and Laos.

Key Facts

  • Montana exported $4.6 million in goods to Laos in 2021.
  • The number of identified Montana exporters to Laos peaked at 15 in 2018.
  • Agriculture and machinery are key Montana export industries to Laos.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the U.S. state of Montana that are actively exporting goods and services to the Lao People's Democratic Republic.

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

A: Tracking the count of Montana exporters to Laos provides insight into the trade relationship between the state and this Southeast Asian nation, which can inform economic and trade policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of registered business entities.

Q: How is this trend used in economic policy?

A: Monitoring exporter counts can help policymakers and economists evaluate the effectiveness of initiatives aimed at promoting or facilitating trade between the U.S. and Laos.

Q: Are there update delays or limitations?

A: There may be delays in data reporting, and the series only covers formal, registered businesses exporting from Montana to Laos.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Montana (MTLAOA475SCEN), retrieved from FRED.