Value of Exports to Thailand from Louisiana
LATHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
425,390,204.00
Year-over-Year Change
205.74%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from Louisiana' series measures the total dollar value of goods and services exported from the state of Louisiana to Thailand. This trend provides important insights into Louisiana's international trade dynamics and economic relationships.
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 economic indicator tracks the monetary value of all products and services shipped from Louisiana to Thailand, including merchandise, agricultural items, and various business-to-business transactions. It is used by economists, policymakers, and businesses to analyze trade flows and patterns between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau based on administrative records of international trade transactions.
Historical Context
This export value metric is relevant for understanding Louisiana's export-oriented industries and the state's participation in global supply chains.
Key Facts
- Louisiana exported over $1 billion in goods and services to Thailand in 2021.
- Chemicals, transportation equipment, and agricultural products are Louisiana's top exports to Thailand.
- Thailand is Louisiana's 6th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Thailand from Louisiana' series tracks the total dollar value of all goods and services exported from the state of Louisiana to Thailand.
Q: Why is this trend relevant for users or analysts?
A: This export value metric provides important insights into Louisiana's international trade dynamics and economic relationships, which is relevant for businesses, policymakers, and economists analyzing the state's export-oriented industries and global supply chain participation.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on administrative records of international trade transactions.
Q: How is this trend used in economic policy?
A: This export value metric is used by economists, policymakers, and businesses to analyze trade flows and patterns between Louisiana and Thailand, informing decisions related to economic development, international trade agreements, and export-promotion strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to periodic revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Louisiana (LATHAA052SCEN), retrieved from FRED.