Value of Exports to Belgium from South Dakota
SDBELA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,370,053.00
Year-over-Year Change
835.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Belgium from South Dakota' series measures the total value of goods and services exported from the U.S. state of South Dakota to Belgium. This metric is important for understanding South Dakota's international trade relationships and economic performance.
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 value of exports from South Dakota to Belgium, a key trading partner. The data can be used to analyze trends in South Dakota's export economy and its connections to the global marketplace.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
Policymakers and economists monitor this data to assess South Dakota's trade position and the state's economic integration with the Belgian market.
Key Facts
- South Dakota exported $XXX million in goods and services to Belgium in 20XX.
- Belgium was the Xth largest destination for South Dakota exports in 20XX.
- Exports to Belgium account for X% of South Dakota's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of South Dakota to Belgium, one of the state's key international trade partners.
Q: Why is this trend relevant for users or analysts?
A: Tracking South Dakota's exports to Belgium is important for understanding the state's international trade relationships and economic performance. Policymakers and economists use this data to assess South Dakota's trade position and integration with the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this data to assess South Dakota's trade position and the state's economic integration with the Belgian market. The information can inform decisions around trade agreements, export promotion programs, and other economic policies.
Q: Are there update delays or limitations?
A: There may be a X-month delay in the availability of the most recent data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Belgium from South Dakota (SDBELA052SCEN), retrieved from FRED.