Value of Exports to Lao People's Democratic Republic from Nevada

NVLAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

39,654.00

Year-over-Year Change

-93.43%

Date Range

1/1/2008 - 1/1/2016

Summary

The 'Value of Exports to Lao People's Democratic Republic from Nevada' measures the total value of goods and services exported from the U.S. state of Nevada to Laos. This economic indicator provides insights into Nevada's trade relationships and economic ties with the Lao PDR market.

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 dollar value of all merchandise exported directly from Nevada to Laos, a landlocked country in Southeast Asia. It is an important metric for understanding Nevada's export activity and competitiveness in the Lao market compared to other U.S. states.

Methodology

The data is collected and reported by the U.S. Census Bureau based on surveys of businesses and customs declarations.

Historical Context

Policymakers and economists analyze this series to assess Nevada's trade dynamics and the state's commercial integration with the Lao economy.

Key Facts

  • Nevada's exports to Laos totaled $X.XX million in the most recent year.
  • Lao PDR accounts for X.X% of Nevada's total international exports.
  • Exports to Laos have grown/declined by X% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported directly from the U.S. state of Nevada to the Lao People's Democratic Republic.

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

A: This indicator provides insights into Nevada's trade relationships and economic ties with the Lao market, which is important for understanding the state's export activity and competitiveness.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this series to assess Nevada's trade dynamics and the state's commercial integration with the Lao economy.

Q: Are there update delays or limitations?

A: There may be some time lag in reporting this data, as it relies on surveys and customs declarations.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Nevada (NVLAOA052SCEN), retrieved from FRED.