Value of Exports to Lao People's Democratic Republic from Texas
TXLAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
353,058.00
Year-over-Year Change
60.01%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Lao People's Democratic Republic from Texas' series tracks the total dollar value of goods and services exported from Texas to Laos, a key metric for understanding bilateral trade flows.
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 economic indicator represents the commercial activity and trading relationship between the U.S. state of Texas and the Southeast Asian nation of Laos. It is used by economists, policymakers, and businesses to analyze regional trade patterns and the relative importance of Laos as an export destination for Texan goods.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and compiled into this series.
Historical Context
Trends in this metric can inform decisions around trade policy, investment, and commercial partnerships between Texas and Laos.
Key Facts
- Texas is one of the largest exporting states in the U.S.
- Laos has a rapidly growing economy and consumer market.
- Trade between Texas and Laos has increased in recent years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the U.S. state of Texas to the country of Laos.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the trading relationship between Texas and Laos, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform decisions around trade policy, investment, and commercial partnerships between Texas and Laos.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of U.S. Census Bureau trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Texas (TXLAOA052SCEN), retrieved from FRED.