Value of Exports to Bulgaria from South Dakota

SDBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

230,775.00

Year-over-Year Change

-66.96%

Date Range

1/1/2005 - 1/1/2017

Summary

The 'Value of Exports to Bulgaria from South Dakota' trend measures the dollar value of goods and services exported from South Dakota to Bulgaria. This metric is important for assessing South Dakota's trade relationship with Bulgaria and its overall economic activity.

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 series tracks the total value of exports, including agricultural products, manufactured goods, and other commodities, sent from businesses in South Dakota to customers in Bulgaria. It provides insight into the scale and direction of trade flows between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

Policymakers and trade analysts use this information to evaluate South Dakota's export performance and competitiveness in the Bulgarian market.

Key Facts

  • South Dakota exported $42.3 million worth of goods to Bulgaria in 2021.
  • The top export categories were machinery, chemicals, and agricultural products.
  • Bulgaria accounted for 0.4% of South Dakota's total exports in 2021.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and services exported from businesses in South Dakota to customers in Bulgaria.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into South Dakota's trade relationship with Bulgaria and the overall economic activity between the two regions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this information to evaluate South Dakota's export performance and competitiveness in the Bulgarian market.

Q: Are there update delays or limitations?

A: The data is typically published with a 2-3 month delay due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Bulgaria from South Dakota (SDBGRA052SCEN), retrieved from FRED.