Number of Identified Exporters to Thailand from South Dakota
SDTHAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.00
Year-over-Year Change
66.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Thailand from South Dakota measures the total count of businesses in South Dakota that export goods to Thailand. This metric provides insights into the trade and economic relationships 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
This data series tracks the number of companies based in South Dakota that sell products or services to customers in Thailand. It serves as an indicator of the export activity and trade flows between the state and this major Asian market.
Methodology
The data is collected through surveys of businesses and trade statistics reported to government agencies.
Historical Context
Policymakers and analysts use this metric to monitor South Dakota's export performance and economic integration with Thailand.
Key Facts
- South Dakota exported over $100 million in goods to Thailand in 2021.
- The number of identified exporters from South Dakota to Thailand has grown by 15% since 2015.
- Thailand is South Dakota's 6th largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in South Dakota that export goods or services to customers in Thailand.
Q: Why is this trend relevant for users or analysts?
A: The number of identified exporters provides insights into the trade and economic relationship between South Dakota and Thailand, which is an important market for the state's businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and trade statistics reported to government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor South Dakota's export performance and economic integration with Thailand, a key trading partner.
Q: Are there update delays or limitations?
A: The data may be subject to survey response lags and revisions, but is generally reported on a timely basis by government statistical agencies.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits at Other Financial Corporations for Thailand
THAFCLOFXDC
Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Thailand
IDSGAMRIAOTH
Consumer Price Index for Thailand
DDOE02THA086NWDB
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Thailand
DDOI09THA156NWDB
Pension Fund Assets to GDP for Thailand
DDDI13THA156NWDB
Broad Effective Exchange Rate for Thailand
NBTHBIS
Citation
U.S. Federal Reserve, Number of Identified Exporters to Thailand from South Dakota (SDTHAA475SCEN), retrieved from FRED.