Value of Exports to Saudi Arabia from Louisiana
LASAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
605,826,409.00
Year-over-Year Change
350.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Saudi Arabia from Louisiana measures the dollar value of goods and services exported from Louisiana to Saudi Arabia. This metric is important for analyzing trade patterns and Louisiana's economic relationship with key 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 total value of exports originating from Louisiana that are destined for Saudi Arabia. It provides insight into the scale and composition of Louisiana's export activities with this important Middle Eastern trading partner.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and business analysts use this metric to monitor Louisiana's trade dynamics and competitiveness in the global marketplace.
Key Facts
- Louisiana exported $1.2 billion in goods to Saudi Arabia in 2021.
- Saudi Arabia was Louisiana's 9th largest export destination in 2021.
- Petroleum and coal products make up the largest share of Louisiana's exports to Saudi Arabia.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the state of Louisiana to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Louisiana's trade relationship with a key international market, which is important for understanding the state's economic competitiveness and performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and business analysts use this metric to monitor Louisiana's trade dynamics and inform decisions related to economic development, trade policy, and market access.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a lag of several months between the reference period and publication.
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Value of Exports to Saudi Arabia from New Hampshire
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Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Saudi Arabia
SAUFCACNUM
Nominal Exports of Goods for Saudi Arabia
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Number of Identified Exporters to Saudi Arabia from South Carolina
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Bank's Return on Assets for Saudi Arabia
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Citation
U.S. Federal Reserve, Value of Exports to Saudi Arabia from Louisiana (LASAUA052SCEN), retrieved from FRED.