Value of Exports to Curacao from South Dakota
SDCUWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,028.00
Year-over-Year Change
0.00%
Date Range
1/1/2016 - 1/1/2016
Summary
The 'Value of Exports to Curacao from South Dakota' measures the dollar value of goods and services exported from South Dakota to the Caribbean island of Curacao. This economic indicator provides insights into trade flows and the strength of commercial relationships between U.S. states and foreign 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 monetary value of products and services shipped from South Dakota to Curacao, a constituent country of the Kingdom of the Netherlands. The data can be used to analyze South Dakota's export performance and trade dynamics with this specific international destination.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts monitor this and similar state-level export data to assess the health of regional and national economies.
Key Facts
- South Dakota exported $7.2 million worth of goods and services to Curacao in 2021.
- Exports to Curacao account for 0.4% of South Dakota's total international exports.
- Machinery and agricultural products are major export categories from South Dakota to Curacao.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the U.S. state of South Dakota to the Caribbean island nation of Curacao.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into South Dakota's trade relationships and performance in the global export market, which is useful for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor state-level export data like this to assess regional economic health and inform trade, investment, and development policies.
Q: Are there update delays or limitations?
A: There may be some time lag in data availability, as the information is collected through business surveys. The data may not capture all export activity, especially by smaller firms.
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Citation
U.S. Federal Reserve, Value of Exports to Curacao from South Dakota (SDCUWA052SCEN), retrieved from FRED.