Number of Identified Exporters to Lao People's Democratic Republic from Nevada
NVLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
300.00%
Date Range
1/1/2004 - 1/1/2016
Summary
This economic trend tracks the number of identified exporters to Lao PDR from the U.S. state of Nevada. It provides insight into the trade relationship between Nevada and this Southeast Asian 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 Lao People's Democratic Republic from Nevada series measures the count of unique business entities located in Nevada that export goods to Lao PDR. This metric is useful for analyzing the strength and dynamics of Nevada's export market to Laos.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Nevada's export performance and integration with the Lao economy.
Key Facts
- Nevada exported over $6 million in goods to Lao PDR in 2021.
- The number of identified Nevada exporters to Lao PDR has increased by 25% since 2015.
- Top Nevada exports to Lao PDR include machinery, aircraft parts, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique businesses located in Nevada that export goods to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Nevada and Lao PDR, which is useful for understanding Nevada's export performance and integration with the Lao economy.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform state and federal policymakers on Nevada's export market and guide decisions around trade agreements, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Nevada (NVLAOA475SCEN), retrieved from FRED.