Value of Exports to Argentina from Louisiana
LAARGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
692,405,246.00
Year-over-Year Change
327.70%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Argentina from Louisiana' series measures the total value of goods and commodities exported from the U.S. state of Louisiana to Argentina. This metric is a key indicator of trade activity and economic ties between the two regions.
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 data series tracks the dollar value of all merchandise, agricultural products, and manufactured goods shipped from Louisiana to Argentina. It provides insights into the trade balance and commercial relationship between Louisiana and one of its major South American export markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and shipping manifests.
Historical Context
Policymakers and economists use this metric to assess the health of Louisiana's export economy and guide decisions around trade agreements and market access.
Key Facts
- Louisiana is a major U.S. exporting state, accounting for over $50 billion in annual merchandise exports.
- Argentina is one of Louisiana's top 10 export destinations, receiving over $500 million worth of goods annually.
- Key Louisiana exports to Argentina include agricultural commodities, industrial machinery, and chemical products.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and commodities exported from the U.S. state of Louisiana to Argentina.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Argentina from Louisiana' metric provides insights into the trade relationship and economic ties between Louisiana and one of its major South American export markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health of Louisiana's export economy and guide decisions around trade agreements and market access.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to Argentina from Louisiana (LAARGA052SCEN), retrieved from FRED.