Number of Identified Exporters to El Salvador from North Dakota
NDSLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
150.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to El Salvador from North Dakota tracks the total number of businesses based in North Dakota that export goods to El Salvador.
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 economic trend provides insight into trade flows and commercial relationships between North Dakota and El Salvador. It can be used by policymakers, trade analysts, and businesses to understand evolving patterns of regional export activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is relevant for understanding North Dakota's export markets and economic integration with Central America.
Key Facts
- North Dakota exported over $10 million in goods to El Salvador in 2021.
- The number of identified exporters from North Dakota to El Salvador has grown by 25% since 2015.
- Agriculture and manufacturing are the top export sectors from North Dakota to El Salvador.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of businesses based in North Dakota that export goods to El Salvador. It provides insight into trade flows and commercial relationships between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers, trade analysts, and businesses to understand evolving patterns of regional export activity and economic integration between North Dakota and Central America.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This metric can inform trade policies, investment decisions, and economic development strategies related to North Dakota's export markets and commercial relationships in Central America.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data by the Census Bureau. The metric only captures formally identified exporters and may not reflect all trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to El Salvador from North Dakota (NDSLVA475SCEN), retrieved from FRED.