Number of Identified Exporters to Cote d'Ivoire from South Dakota
SDCIVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2014
Summary
The Number of Identified Exporters to Cote d'Ivoire from South Dakota measures the count of businesses in South Dakota that export goods to the West African nation of Cote d'Ivoire. This metric provides insight into the 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 economic trend represents the total number of exporters based in South Dakota that ship goods to Cote d'Ivoire. It is used by economists and policymakers to analyze the state's export activity and identify opportunities to expand trade with the Ivorian market.
Methodology
The data is collected through surveys of South Dakota businesses and customs declarations.
Historical Context
This trend informs decisions around trade agreements, investment policies, and export promotion programs.
Key Facts
- Cote d'Ivoire is South Dakota's 99th largest export destination.
- Exports to Cote d'Ivoire account for less than 0.1% of South Dakota's total exports.
- The number of identified exporters has declined by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in South Dakota that export goods to the West African country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into South Dakota's trade relationship with Cote d'Ivoire and can inform decisions around export promotion, trade agreements, and regional economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of South Dakota businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze export patterns, identify trade opportunities, and shape policies that support South Dakota businesses exporting to Cote d'Ivoire.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a 2-month lag. The metric only captures officially identified exporters and may not reflect all trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Cote d'Ivoire from South Dakota (SDCIVA475SCEN), retrieved from FRED.