Number of Identified Exporters to Lao People's Democratic Republic from Texas
TXLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
37.50%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to Lao People's Democratic Republic from the U.S. state of Texas. It provides insights into the trade relationship between Texas and Laos.
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 Lao People's Democratic Republic from Texas is an economic indicator that tracks the count of exporters based in Texas who ship goods to Laos. This metric offers insights into the scale and dynamics of Texas-Laos trade flows.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for analyzing regional trade patterns and the international economic activity of Texas-based businesses.
Key Facts
- Texas was the 2nd largest exporting state in the U.S. in 2021.
- Lao PDR received less than 0.1% of total Texas exports in 2021.
- The number of Texas exporters to Laos has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and organizations based in the U.S. state of Texas that export goods to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and dynamics of trade between Texas and Laos, which is useful for understanding regional economic relationships and the international business activities of Texas-based companies.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and economists about patterns in Texas's international trade, which may influence decisions related to economic development, trade agreements, and export promotion initiatives.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and may not capture all exporting activity due to limitations in survey coverage and self-reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Texas (TXLAOA475SCEN), retrieved from FRED.