Value of Exports to Hong Kong from Louisiana
LAHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,873,119.00
Year-over-Year Change
-14.82%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Louisiana to Hong Kong. It provides insight into the trade relationship between Louisiana and a major global financial center.
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
The Value of Exports to Hong Kong from Louisiana tracks the dollar value of goods and services exported from Louisiana to Hong Kong. This metric is used by economists and policymakers to analyze the state's international trade patterns and competitiveness.
Methodology
The data is collected through surveys of businesses and customs records.
Historical Context
Trends in Louisiana's exports to Hong Kong can reflect shifts in global demand, exchange rates, and economic policies.
Key Facts
- Louisiana exported $1.2 billion worth of goods to Hong Kong in 2021.
- Exports to Hong Kong account for 3.5% of Louisiana's total international trade.
- The top export categories are chemicals, agricultural products, and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Louisiana to Hong Kong, a major global trade and financial center.
Q: Why is this trend relevant for users or analysts?
A: Tracking Louisiana's exports to Hong Kong provides insights into the state's international trade patterns and competitiveness, which are important for economic policymaking and business strategy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Trends in Louisiana's exports to Hong Kong can inform policymakers about the state's economic performance, trade relationships, and competitiveness in global markets.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, but is generally updated on a monthly or quarterly basis.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Louisiana (LAHKGA052SCEN), retrieved from FRED.