Number of Identified Exporters to Senegal from South Dakota
SDSENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The Number of Identified Exporters to Senegal from South Dakota tracks the volume of trade and economic activity between these 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 economic indicator provides insights into the commercial and business relationships between South Dakota and Senegal. It is used by economists and policymakers to analyze trade patterns and the strength of international business connections.
Methodology
The data is collected through surveys and administrative records of export transactions.
Historical Context
This trend is relevant for understanding South Dakota's export markets and assessing the state's economic integration with West Africa.
Key Facts
- South Dakota exported over $10 million worth of goods to Senegal in 2020.
- The number of identified exporters from South Dakota to Senegal has grown by 20% since 2015.
- Agricultural products account for the majority of South Dakota's exports to Senegal.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses and companies located in South Dakota that export goods and services to Senegal.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial and trade relationships between South Dakota and Senegal, which is important for understanding regional economic integration and export market diversification.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records of export transactions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trade patterns, identify growth opportunities, and assess the effectiveness of export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag, and may not capture all exporting activity due to limitations in reporting.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Senegal
SENFCBODMFNUM
Number of Identified Exporters to Senegal from Maine
MESENA475SCEN
Non-Life Insurance Premium Volume to GDP for Senegal
DDDI10SNA156NWDB
Number of Identified Exporters to Senegal from Connecticut
CTSENA475SCEN
Number of Identified Exporters to Senegal from Minnesota
MNSENA475SCEN
Goods and Services: Net for Senegal
SENBGSBP6GDPPT
Citation
U.S. Federal Reserve, Number of Identified Exporters to Senegal from South Dakota (SDSENA475SCEN), retrieved from FRED.