Value of Exports to Taiwan from South Dakota
SDTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,057,311.00
Year-over-Year Change
-20.35%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from South Dakota' trend measures the dollar value of exports shipped from South Dakota to Taiwan. This metric is important for analyzing South Dakota's international trade patterns and economic connections.
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 total value of goods and services exported from South Dakota to Taiwan over time. It provides insight into the trade relationship between the state and this key Asian market, which is relevant for businesses, policymakers, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in state-level exports are closely watched by economists and trade officials to assess the health of regional economies and identify opportunities or challenges.
Key Facts
- South Dakota exported $XXX million in goods to Taiwan in the latest year.
- Taiwan was South Dakota's Xth largest export destination.
- Exports to Taiwan account for X% of South Dakota's total international trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports shipped from the state of South Dakota to Taiwan over time.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export patterns is important for understanding regional economic dynamics and trade relationships.
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 officials monitor state export trends to assess the health of regional economies and identify opportunities or challenges.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data, and the accuracy depends on the survey response rate of exporting firms.
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Real Narrow Effective Exchange Rate for Chinese Taipei
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from South Dakota (SDTWNA052SCEN), retrieved from FRED.