Value of Exports to Ecuador from Louisiana
LAECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
561,689,333.00
Year-over-Year Change
375.02%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ecuador from Louisiana' series measures the total value of goods and services exported from the U.S. state of Louisiana to the country of Ecuador. This metric provides insight into Louisiana's trade relationship with Ecuador and can inform economic policy and business strategy.
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 represents the dollar value of all products and services shipped from Louisiana to Ecuador, including agricultural goods, industrial equipment, and professional services. The data is useful for analyzing Louisiana's export activity and competitiveness in the Ecuadorian market.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of exporting companies.
Historical Context
Policymakers and businesses use this metric to assess Louisiana's export performance and identify opportunities to expand trade with Ecuador.
Key Facts
- Louisiana exported over $78 million in goods and services to Ecuador in 2021.
- The top Louisiana exports to Ecuador include chemical products, machinery, and agricultural commodities.
- Ecuador is Louisiana's 37th largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Louisiana to the country of Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Louisiana's trade relationship with Ecuador and can inform economic policy and business strategy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to assess Louisiana's export performance and identify opportunities to expand trade with Ecuador.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical 2-3 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Ecuador from Louisiana (LAECUA052SCEN), retrieved from FRED.