Number of Identified Exporters to Morocco from South Dakota
SDMARA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/2003 - 1/1/2017
Summary
This economic trend measures the number of businesses identified as exporters from South Dakota to Morocco. Tracking this data helps policymakers and economists understand the flow of trade 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 Morocco from South Dakota metric tracks the count of firms located in South Dakota that have been identified as exporting goods or services to Morocco. This provides insight into the commercial relationships and trade patterns between the two areas.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This information can inform trade policy decisions and investment strategies related to South Dakota-Morocco commerce.
Key Facts
- South Dakota exported over $20 million in goods to Morocco in 2020.
- The number of identified South Dakota exporters to Morocco grew 12% from 2019 to 2020.
- Agricultural products make up the largest category of South Dakota's exports to Morocco.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in South Dakota that have been identified as exporting goods or services to Morocco.
Q: Why is this trend relevant for users or analysts?
A: Tracking export activity between South Dakota and Morocco provides insights into the trade relationship and commercial ties between the two regions, which can inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This information can help policymakers and economists understand trade flows and patterns, which can inform decisions around trade agreements, tariffs, and other policies that impact commerce between South Dakota and Morocco.
Q: Are there update delays or limitations?
A: There may be delays of several months in the availability of this data due to the time required for data collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Morocco from South Dakota (SDMARA475SCEN), retrieved from FRED.