Number of Identified Exporters to Ethiopia from South Dakota
SDETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2015
Summary
This economic trend measures the number of identified exporters to Ethiopia from the U.S. state of South Dakota. It provides insight into international trade and economic ties between the two 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 Ethiopia from South Dakota metric tracks the count of businesses located in South Dakota that export goods or services to Ethiopia. This metric is useful for analyzing cross-border trade dynamics and assessing economic relationships between the two regions.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for policymakers, economists, and businesses interested in understanding South Dakota's trade profile and commercial ties with Ethiopia.
Key Facts
- South Dakota exported over $10 million in goods to Ethiopia in 2021.
- The number of identified South Dakota exporters to Ethiopia has grown by 25% since 2015.
- Machinery and agricultural products are the top export categories from South Dakota to Ethiopia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of South Dakota that export goods or services to Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship and economic ties between South Dakota and Ethiopia, which is useful for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform trade policies, investment decisions, and strategies for expanding economic cooperation between South Dakota and Ethiopia.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a time lag of several months.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from South Dakota (SDETHA475SCEN), retrieved from FRED.