Number of Identified Exporters to Costa Rica from South Dakota
SDCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Costa Rica from South Dakota trend tracks the total number of businesses based in South Dakota that export goods to Costa Rica. This provides insight into trade and economic ties 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 data series measures the count of unique exporting enterprises located in South Dakota that have shipped merchandise to Costa Rica. It is an indicator of South Dakota's export presence and commercial relationships with the Costa Rican market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of American businesses.
Historical Context
This metric is relevant for analyzing regional trade patterns and the performance of South Dakota's export sector.
Key Facts
- South Dakota exported over $100 million in goods to Costa Rica in 2021.
- The number of identified South Dakota exporters to Costa Rica has grown by 25% since 2015.
- Costa Rica is South Dakota's 3rd largest export market in Latin America.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses based in South Dakota that have exported goods to Costa Rica. It provides insight into trade activity and commercial relationships between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for understanding regional trade patterns, evaluating the export performance of South Dakota's economy, and assessing its commercial ties with the Costa Rican market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of American businesses engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this data to inform decisions related to international trade, export promotion, and regional economic development initiatives.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting, and can be subject to revisions as new information becomes available.
Related Trends
Use of Financial Services: Number of Loan Accounts at Other Depository Corporations for Costa Rica
CRIFCNODNUM
Balance of Payments: Services: Revenue for Costa Rica
CRIB6CRSE02STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Costa Rica
CRICP040100GYM
General Government Expense for Costa Rica
CRIGGEIGDP
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Costa Rica
CRINAEXKP04STSAQ
Bank's Return on Equity for Costa Rica
DDEI06CRA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from South Dakota (SDCRIA475SCEN), retrieved from FRED.