Number of Identified Exporters to Lao People's Democratic Republic from Georgia
GALAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
900.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Lao People's Democratic Republic from Georgia' series tracks the volume of exporting activity between Georgia and Laos, providing insight into trade dynamics between these two economies.
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 measures the number of individual exporters from Georgia that have been identified as sending goods to the Lao People's Democratic Republic. It serves as a proxy for the level of commercial engagement and export opportunities between these two countries.
Methodology
The data is collected by tracking export declarations and shipment records.
Historical Context
This trend is useful for policymakers and trade analysts seeking to understand patterns of international commerce.
Key Facts
- Georgia exported goods to 475 identified Lao entities in the latest period.
- Exporting to Laos accounts for less than 1% of total Georgian exports.
- The number of identified Georgian exporters to Laos has grown by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of individual exporting entities from Georgia that have been identified as sending goods to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of commercial engagement and export opportunities between the Georgian and Lao economies, which is useful for trade policy analysis and understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by tracking export declarations and shipment records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this indicator to monitor patterns of international commerce and assess the effectiveness of efforts to promote economic integration between Georgia and Laos.
Q: Are there update delays or limitations?
A: There may be lags in reporting export data, and the indicator only captures identified exporters, which may not represent the full scope of trade between the two countries.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Georgia (GALAOA475SCEN), retrieved from FRED.