Value of Exports to Portugal from South Dakota
SDPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
819,101.00
Year-over-Year Change
-73.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Portugal from South Dakota' trend measures the dollar value of goods and services exported from South Dakota to Portugal. This metric is important for economists and policymakers to assess trade flows and regional economic activity.
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 data series tracks the total value of exports originating in South Dakota and destined for Portugal. It provides insight into the trade relationship between the state and this European market, which can inform economic development strategies and trade policy discussions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this metric to monitor South Dakota's export performance and competitiveness in the global marketplace.
Key Facts
- South Dakota's exports to Portugal were valued at $XX in the most recent year.
- Exports to Portugal account for X% of South Dakota's total international exports.
- The top exported products from South Dakota to Portugal are [product 1], [product 2], and [product 3].
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and services exported from the state of South Dakota to Portugal.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into South Dakota's trade relationship with Portugal, which can inform economic development strategies and trade policy discussions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor South Dakota's export performance and competitiveness in the global marketplace.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series does not capture certain types of trade activities, such as services exports.
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from South Dakota (SDPRTA052SCEN), retrieved from FRED.