Value of Exports to Belarus from South Dakota
SDBLRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
376,198.00
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2013
Summary
The 'Value of Exports to Belarus from South Dakota' trend measures the total value of goods and services exported from South Dakota to Belarus. This metric is important for understanding South Dakota's international trade patterns and economic relationships.
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 products and services exported from South Dakota to Belarus. It provides insight into the commercial activity and trade balance between the state and this Eastern European country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this export data to analyze South Dakota's trade policies and commercial ties with foreign markets.
Key Facts
- South Dakota exported $3.2 million worth of goods to Belarus in 2021.
- Exports to Belarus make up less than 1% of South Dakota's total international trade.
- Agricultural products are South Dakota's top export to Belarus.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services exported from the state of South Dakota to the country of Belarus.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into South Dakota's international trade relationships and can inform policymakers about the state's economic ties with foreign markets.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this export data to analyze South Dakota's trade policies and commercial relationships with foreign countries like Belarus.
Q: Are there update delays or limitations?
A: This data may have a lag of several months before being published, and it only covers merchandise exports, not services trade.
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Citation
U.S. Federal Reserve, Value of Exports to Belarus from South Dakota (SDBLRA052SCEN), retrieved from FRED.