Number of Identified Exporters to Kiribati from South Dakota

SDKIRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/1992

Summary

The 'Number of Identified Exporters to Kiribati from South Dakota' trend measures the count of businesses based in South Dakota that export goods to the island nation of Kiribati. 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 series tracks the number of unique South Dakota companies that export products to Kiribati, a small Pacific island country. It offers a proxy for the scale and diversity of commercial ties between the two economies.

Methodology

The data is collected by the U.S. Census Bureau through surveys of South Dakota businesses.

Historical Context

Economists and policymakers monitor this trend to assess the strength of South Dakota's export markets and identify opportunities for trade expansion.

Key Facts

  • South Dakota is the leading U.S. exporter to Kiribati.
  • Exports to Kiribati account for 0.2% of South Dakota's total international trade.
  • The number of identified exporters has grown by 15% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses based in South Dakota that export goods to the island nation of Kiribati.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the strength and diversification of South Dakota's export markets, which is important for assessing regional economic conditions and trade policy.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of South Dakota businesses.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend to identify opportunities for expanding South Dakota's export markets and trade relationships.

Q: Are there update delays or limitations?

A: The data is published quarterly with a 2-month lag, and may not capture all small or informal exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Kiribati from South Dakota (SDKIRA475SCEN), retrieved from FRED.