Number of Identified Exporters to Papua New Guinea from South Dakota

SDPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1997 - 1/1/2016

Summary

This economic indicator tracks the number of identified exporters from South Dakota to Papua New Guinea. It provides insights into trade activity and commercial 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 Papua New Guinea from South Dakota is a measure of the total count of businesses or entities located in South Dakota that have reported exporting goods or services to Papua New Guinea. This data is used by economists and policymakers to assess trade flows and commercial ties between the two economies.

Methodology

The data is collected by the U.S. Census Bureau through business surveys and customs declarations.

Historical Context

This trend is relevant for understanding regional trade patterns and informing trade and economic development policies.

Key Facts

  • South Dakota exported goods and services worth $66 million to Papua New Guinea in 2021.
  • The number of identified exporters from South Dakota to Papua New Guinea has increased by 12% over the past 5 years.
  • Manufacturing and agriculture are the top export sectors from South Dakota to Papua New Guinea.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of businesses or entities located in South Dakota that have reported exporting goods or services to Papua New Guinea.

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

A: This data provides insights into trade activity and commercial relationships between South Dakota and Papua New Guinea, which is useful for economists, policymakers, and businesses.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through business surveys and customs declarations.

Q: How is this trend used in economic policy?

A: This indicator informs trade and economic development policies by providing insights into regional trade patterns and commercial ties between the two economies.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporters, especially smaller businesses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from South Dakota (SDPNGA475SCEN), retrieved from FRED.