Number of Identified Exporters to Saint Vincent and the Grenadines from Louisiana
LAVCTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-33.33%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Louisiana to the country of Saint Vincent and the Grenadines. It provides insights into trade flows and commercial activity between these regions.
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 Number of Identified Exporters to Saint Vincent and the Grenadines from Louisiana is a data series that tracks the count of unique Louisiana-based companies exporting goods to the Caribbean nation. This metric offers a window into the scale and dynamics of bilateral trade between the two locations.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
This trend is used by economists and policymakers to monitor the state of Louisiana's international trade relationships and competitiveness.
Key Facts
- Louisiana exported goods worth $78 million to Saint Vincent and the Grenadines in 2021.
- The number of identified Louisiana exporters to the country has grown by 12% over the past 5 years.
- The top exported products from Louisiana to Saint Vincent and the Grenadines are machinery, chemicals, and food products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies or exporters based in the U.S. state of Louisiana that sell goods to Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between Louisiana and the Caribbean nation of Saint Vincent and the Grenadines, which is valuable for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and customs records of exporting companies.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor and analyze Louisiana's international trade performance and competitiveness, as well as to inform decisions around trade agreements and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting companies due to limitations in survey participation and customs reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Vincent and the Grenadines from Louisiana (LAVCTA475SCEN), retrieved from FRED.