Value of Exports to Spain from Louisiana
LAESPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
609,363,563.00
Year-over-Year Change
202.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Spain from Louisiana' metric tracks the dollar value of goods exported from the U.S. state of Louisiana to Spain. This provides insight into Louisiana's trade relationship with a key international partner.
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 measures the total value of merchandise exported from Louisiana to Spain, including agricultural products, manufactured goods, and other commodities. The data is used by economists and policymakers to analyze Louisiana's export economy and commercial ties with Europe.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
The metric is relevant for understanding Louisiana's participation in global trade flows and the state's economic integration with the Spanish market.
Key Facts
- Louisiana is a major exporting state, shipping over $60 billion in goods annually.
- Spain is Louisiana's 6th largest international export destination.
- Top Louisiana exports to Spain include chemical products, transportation equipment, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of merchandise exported from the U.S. state of Louisiana to Spain.
Q: Why is this trend relevant for users or analysts?
A: The data provides insight into Louisiana's trade relationship with a key international partner and is used to analyze the state's export economy and global commercial integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and economists seeking to understand Louisiana's participation in global trade flows and the state's economic ties with the Spanish market.
Q: Are there update delays or limitations?
A: The data may have lags of several months due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Spain from Louisiana (LAESPA052SCEN), retrieved from FRED.