Value of Exports to the Plurinational State of Bolivia from South Dakota
SDBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117,992.00
Year-over-Year Change
19.91%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of South Dakota to the Plurinational State of Bolivia. It provides insight into the trade relationship between these regions and can inform economic and policy decisions.
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 Value of Exports to the Plurinational State of Bolivia from South Dakota tracks the monetary value of goods and services exported from South Dakota to Bolivia on a monthly basis. This data point is used by economists and policymakers to analyze trade flows and patterns between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This export value trend is relevant for assessing the strength of economic ties between South Dakota and Bolivia, which can inform trade policy and business decisions.
Key Facts
- South Dakota exported $7.2 million worth of goods to Bolivia in 2021.
- Machinery and agricultural products are major South Dakota exports to Bolivia.
- Bolivia is South Dakota's 49th largest export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of exports from the U.S. state of South Dakota to the Plurinational State of Bolivia on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between South Dakota and Bolivia, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export value trend is relevant for assessing the strength of economic ties between South Dakota and Bolivia, which can inform trade policy and business decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on the trade relationship.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from South Dakota (SDBOLA052SCEN), retrieved from FRED.