Exports of Goods for Louisiana
EXPTOTLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,747.72
Year-over-Year Change
-0.73%
Date Range
8/1/1995 - 6/1/2025
Summary
The 'Exports of Goods for Louisiana' trend measures the total value of goods exported from the state of Louisiana over time. This metric is closely watched by economists and policymakers to assess Louisiana's economic health and trade performance.
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 tracks the dollar value of physical goods (such as energy products, agricultural commodities, and manufactured items) that are transported out of Louisiana to international destinations. It serves as an important indicator of the state's export-oriented industries and participation in global trade.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of Louisiana exporters.
Historical Context
Trends in Louisiana's exports are used to evaluate the state's trade balance, competitiveness, and exposure to global economic conditions.
Key Facts
- Louisiana is a major exporting state, ranking 6th nationally by export value.
- Energy products like crude oil and liquefied natural gas account for over half of Louisiana's exports.
- Louisiana's top international trading partners include Mexico, Canada, and China.
FAQs
Q: What does this economic trend measure?
A: The 'Exports of Goods for Louisiana' series tracks the total value of physical goods exported from the state of Louisiana to international destinations.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of Louisiana's export-oriented industries, trade performance, and exposure to global economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of Louisiana exporters.
Q: How is this trend used in economic policy?
A: Trends in Louisiana's exports are used by policymakers and analysts to evaluate the state's trade balance, competitiveness, and economic health.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for delays in collection and publication.
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Citation
U.S. Federal Reserve, Exports of Goods for Louisiana (EXPTOTLA), retrieved from FRED.