U.S. Imports of Goods by Customs Basis from Laos
IMP5530 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
362.83
Year-over-Year Change
1314.58%
Date Range
1/1/1992 - 6/1/2025
Summary
This trend measures the value of U.S. imports of goods from Laos on a customs basis. It provides insight into trade flows and economic integration between the two countries.
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 U.S. Imports of Goods by Customs Basis from Laos metric tracks the monetary value of physical merchandise imported into the United States from Laos. This data helps analysts and policymakers understand the trade relationship and economic ties between the two nations.
Methodology
The data is collected by U.S. Customs and Border Protection and reported by the U.S. Census Bureau.
Historical Context
This metric is used to inform trade policy, analyze market conditions, and assess economic interdependence.
Key Facts
- Laos is a landlocked country in Southeast Asia.
- The U.S. is one of Laos' main trading partners.
- Imports from Laos account for a small share of total U.S. imports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the monetary value of physical goods imported from Laos into the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and economic integration between the U.S. and Laos, which is relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by U.S. Customs and Border Protection and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used to inform trade policy, analyze market conditions, and assess economic interdependence between the U.S. and Laos.
Q: Are there update delays or limitations?
A: There may be some delays in reporting this data due to the time required for customs processing and data compilation.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Laos (IMP5530), retrieved from FRED.