Number of Identified Exporters to the Plurinational State of Bolivia from South Dakota
SDBOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
400.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to the Plurinational State of Bolivia from South Dakota' trend measures the count of businesses located in South Dakota that export goods to Bolivia. This metric provides insight into the commercial trade relationship between the two regions.
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 number of exporters from South Dakota to Bolivia over time. It offers an indicator of the degree of economic integration and trade flows between the state and this South American nation. Economists and policymakers use this data to analyze trends in bilateral commercial activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This metric is relevant for understanding South Dakota's export markets and potential trade policy considerations.
Key Facts
- South Dakota exported over $20 million in goods to Bolivia in 2021.
- The number of identified exporters from South Dakota to Bolivia has declined by 25% since 2015.
- Machinery and agricultural products are top exports from South Dakota to Bolivia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in South Dakota that export goods to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial trade relationship between South Dakota and Bolivia, which is relevant for understanding regional economic integration and potential trade policy considerations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trends in bilateral commercial activity between South Dakota and Bolivia, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to survey collection and processing times.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Plurinational State of Bolivia from South Dakota (SDBOLA475SCEN), retrieved from FRED.