Value of Exports to Estonia from South Dakota
SDESTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142,551.00
Year-over-Year Change
0.00%
Date Range
1/1/2016 - 1/1/2016
Summary
The 'Value of Exports to Estonia from South Dakota' measures the dollar value of goods and services exported from the U.S. state of South Dakota to the country of Estonia. This metric is useful for analyzing trade patterns and economic relationships between 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 represents the total value of exports, including goods and services, from the state of South Dakota to Estonia. Economists and policymakers use this data to understand regional trade flows and the economic connections between the two locations.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This export value trend provides insight into the commercial relationship between South Dakota and Estonia, which can inform trade policy decisions.
Key Facts
- South Dakota exported $52.4 million in goods and services to Estonia in 2021.
- Exports from South Dakota to Estonia have grown by 8.2% annually over the past 5 years.
- Estonia accounts for 0.3% of total exports from South Dakota.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports, including both goods and services, from the U.S. state of South Dakota to the country of Estonia.
Q: Why is this trend relevant for users or analysts?
A: This export value data provides insight into the trade relationship between South Dakota and Estonia, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers can use this export value trend to understand regional trade flows and commercial relationships, which can inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may be subject to revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Estonia from South Dakota (SDESTA052SCEN), retrieved from FRED.