Number of Identified Exporters to Republic of Korea from Louisiana
LAKORA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
186.00
Year-over-Year Change
21.57%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to Republic of Korea from Louisiana measures the count of businesses located in Louisiana that export goods to South Korea. This metric provides insights into the trade relationships and economic connections between Louisiana and the South Korean market.
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 number of exporters from Louisiana to South Korea, giving policymakers and economists a view into the scale and trends of this international trade activity. It offers valuable data for understanding the economic interdependence between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Historical Context
This export data is used by government agencies and trade organizations to monitor commercial relationships and inform economic policies.
Key Facts
- Louisiana exported $2.2 billion worth of goods to South Korea in 2021.
- The number of identified Louisiana exporters to South Korea has grown by 12% since 2015.
- Top Louisiana exports to South Korea include chemicals, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Louisiana that export goods to the Republic of Korea (South Korea).
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationships and economic connections between Louisiana and the South Korean market, which is valuable for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Q: How is this trend used in economic policy?
A: This export data is used by government agencies and trade organizations to monitor commercial relationships and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but may have a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Republic of Korea from Louisiana (LAKORA475SCEN), retrieved from FRED.