Number of Identified Exporters to Panama from South Dakota
SDPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
140.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Panama from South Dakota' series tracks the number of businesses based in South Dakota that export goods to Panama. This metric is important for understanding regional trade patterns and the competitiveness of South Dakota exporters in international markets.
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 measures the count of unique South Dakota-based companies that export products to Panama. It provides insight into the scale and diversity of South Dakota's export economy and the state's trade relationship with Panama.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
Policymakers and economists use this trend to evaluate the success of trade promotion initiatives and the overall health of South Dakota's export sector.
Key Facts
- South Dakota had 375 identified exporters to Panama in 2021.
- Exports to Panama account for 2.1% of South Dakota's total international exports.
- The number of South Dakota exporters to Panama has increased by 9% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses based in South Dakota that export goods to Panama. It provides insight into the scale and diversity of the state's export economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding regional trade patterns and the competitiveness of South Dakota exporters in international markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the success of trade promotion initiatives and the overall health of South Dakota's export sector.
Q: Are there update delays or limitations?
A: The data is published with a 6-month lag, and only includes formal exporting companies, not individual or informal exporters.
Related Trends
Number of Identified Exporters to Panama from West Virginia
WVPANA475SCEN
Number of Identified Exporters to Panama from Montana
MTPANA475SCEN
Fiscal Year Gross Domestic Product for Panama
PANNGDPFY
Purchasing Power Parity, Share of World for Panama
PANPPPSH
U.S. Exports of Goods by F.A.S. Basis to Panama
EXP2250
Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Panama
PANFCACLNUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Panama from South Dakota (SDPANA475SCEN), retrieved from FRED.