Value of Exports to Saint Kitts and Nevis from South Dakota
SDKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,729.00
Year-over-Year Change
-81.14%
Date Range
1/1/2011 - 1/1/2012
Summary
The 'Value of Exports to Saint Kitts and Nevis from South Dakota' measures the dollar value of goods and services exported from South Dakota to the Caribbean island nation of Saint Kitts and Nevis. This economic indicator provides insights into the trade relationship between South Dakota and this small island economy.
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 total value of merchandise and services exported from South Dakota to Saint Kitts and Nevis. It offers a detailed view of South Dakota's export activity and can inform economic policy decisions and trade analysis between the U.S. state and the Caribbean country.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of South Dakota businesses and trade records.
Historical Context
This export value data is used by economists, policymakers, and trade analysts to monitor commercial activity and identify opportunities for expanding economic ties between South Dakota and Saint Kitts and Nevis.
Key Facts
- South Dakota's exports to Saint Kitts and Nevis totaled $2.3 million in 2021.
- The top export categories are machinery, chemicals, and agricultural products.
- Saint Kitts and Nevis ranks 125th among destinations for South Dakota's international exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of South Dakota to the Caribbean island nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between South Dakota and Saint Kitts and Nevis, which can inform economic policy decisions and strategies for expanding commercial ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of South Dakota businesses and trade records.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and trade analysts use this export value data to monitor commercial activity and identify opportunities for expanding economic ties between South Dakota and Saint Kitts and Nevis.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and limitations of U.S. Census Bureau trade statistics, which may include publication lags and potential revisions.
Related Trends
General Government Net Lending/Borrowing for St. Lucia
SLAGGXCNLGDP
Number of Identified Exporters to Saint Kitts and Nevis from Puerto Rico
PRKNAA475SCEN
General Government Gross Debt for St. Lucia
SLAGGXWDGGDP
Number of Identified Exporters to Saint Kitts and Nevis from Indiana
INKNAA475SCEN
Number of Identified Exporters to Saint Kitts and Nevis from Mississippi
MSKNAA475SCEN
Bank Deposits to GDP for Saint Kitts and Nevis
DDOI02KNA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from South Dakota (SDKNAA052SCEN), retrieved from FRED.