Value of Exports to the Plurinational State of Bolivia from Louisiana
LABOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,698,643.00
Year-over-Year Change
112.12%
Date Range
1/1/1992 - 1/1/2016
Summary
The Value of Exports to the Plurinational State of Bolivia from Louisiana measures the total value of goods and services exported from the state of Louisiana to Bolivia. This metric is important for assessing Louisiana's trade relationships and economic ties with international markets.
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 all exported products and services originating from Louisiana that are destined for the Plurinational State of Bolivia. The data is useful for economists and policymakers to analyze Louisiana's export performance and commercial integration with the Bolivian economy.
Methodology
The data is collected and published by the U.S. Census Bureau based on export shipment records.
Historical Context
Trends in Louisiana's exports to Bolivia can signal shifts in trade policy, supply chain dynamics, or consumer demand between the two economies.
Key Facts
- Louisiana is a major exporting state, accounting for over $50 billion in annual exports.
- Bolivia is a growing trade partner for the U.S., with exports valued at over $500 million per year.
- The top Louisiana exports to Bolivia include agricultural products, chemicals, and machinery.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the state of Louisiana to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: Trends in Louisiana's exports to Bolivia can provide insights into the commercial relationship between the two economies and signal changes in trade flows, policies, or consumer demand.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau based on export shipment records.
Q: How is this trend used in economic policy?
A: Economists and policymakers can use this data to assess Louisiana's trade performance, international competitiveness, and economic integration with the Bolivian market.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required to collect and process the underlying export shipment information.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Louisiana (LABOLA052SCEN), retrieved from FRED.