Number of Identified Exporters to Lao People's Democratic Republic from South Dakota

SDLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2007 - 1/1/2013

Summary

This economic trend measures the number of identified exporters from South Dakota to the Lao People's Democratic Republic. It provides insights into trade flows and economic relationships 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

The Number of Identified Exporters to Lao PDR from South Dakota tracks the count of businesses and individuals located in South Dakota that export goods or services to the Lao People's Democratic Republic. This metric is used by economists and policymakers to analyze trade patterns and the strength of economic ties between the two areas.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.

Historical Context

This trend can inform trade policy decisions and investment strategies related to South Dakota-Lao PDR economic relations.

Key Facts

  • South Dakota's top exports to Lao PDR include agricultural machinery and pharmaceuticals.
  • The number of identified exporters from South Dakota to Lao PDR peaked in 2018.
  • Lao PDR is a small but growing market for South Dakota businesses.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses and individuals located in South Dakota that export goods or services to the Lao People's Democratic Republic.

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

A: This metric provides insights into trade flows and the strength of economic ties between South Dakota and Lao PDR, which can inform trade policy and investment decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy decisions and investment strategies related to South Dakota-Lao PDR economic relations.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the metric may not capture all exporting activity between the two regions.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from South Dakota (SDLAOA475SCEN), retrieved from FRED.