Value of Exports to United Arab Emirates from Louisiana
LAAREA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189,803,521.00
Year-over-Year Change
290.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to United Arab Emirates from Louisiana' series measures the dollar value of goods exported from Louisiana to the United Arab Emirates. This data point is crucial for understanding Louisiana's international trade and economic relationships.
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 tracks the total value of exports originating from Louisiana that are destined for the United Arab Emirates market. It provides insights into the strength of Louisiana's trade ties with this important Middle Eastern economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau's Foreign Trade Division.
Historical Context
Policymakers and business leaders use this metric to assess Louisiana's export performance and competitiveness in global markets.
Key Facts
- Louisiana exported over $800 million worth of goods to the UAE in 2021.
- Exports to the UAE account for approximately 3% of Louisiana's total international trade.
- The top exported products from Louisiana to the UAE include chemical manufactures, transportation equipment, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This economic indicator measures the total dollar value of goods and commodities exported from the state of Louisiana to the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into Louisiana's trade relationships and economic interdependence with the Middle East, which is crucial for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau's Foreign Trade Division.
Q: How is this trend used in economic policy?
A: Policymakers and government agencies use this data to assess Louisiana's export performance, identify trade opportunities, and develop strategies to support the state's international competitiveness.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to United Arab Emirates from Louisiana (LAAREA052SCEN), retrieved from FRED.