Number of Identified Exporters to Qatar from South Dakota
SDQATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
250.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Qatar from South Dakota metric tracks the count of South Dakota companies that export goods to Qatar, providing insight into trade patterns 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
This series measures the number of unique South Dakota-based businesses that have reported exporting products or services to Qatar. It is an indicator of economic and commercial ties between the state and this Middle Eastern nation.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting by companies.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of South Dakota's export economy and its relationship with Qatar.
Key Facts
- South Dakota exported $42 million in goods to Qatar in 2021.
- The number of identified exporters has grown by 15% over the past 5 years.
- Top export categories include machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique South Dakota-based companies that have reported exporting goods or services to Qatar.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the commercial and trade ties between South Dakota and Qatar, which is useful for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporting companies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to monitor the health of South Dakota's export economy and its relationship with Qatar, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be a lag of several months between the reporting period and the public release of the information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Qatar from South Dakota (SDQATA475SCEN), retrieved from FRED.