Value of Exports to Aruba from Virginia
VAABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,115,022.00
Year-over-Year Change
106.78%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Aruba from Virginia' series tracks the dollar value of goods exported from the U.S. state of Virginia to the Caribbean island nation of Aruba. This metric is closely monitored by economists and policymakers to assess trade dynamics between specific 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 economic indicator provides insight into the commercial relationship between Virginia and Aruba. The data can be used to analyze trends in Virginia's exports to its Caribbean trading partner, which has implications for the state's businesses, industries, and overall economic performance.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this series to inform decisions around economic development, international commerce, and trade agreements.
Key Facts
- Virginia's exports to Aruba were valued at $52.3 million in 2021.
- Machinery and transportation equipment make up the largest share of Virginia's exports to Aruba.
- Trade between Virginia and Aruba has grown by an average of 4.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods exported from the U.S. state of Virginia to the country of Aruba.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between Virginia and one of its key Caribbean trading partners, which is useful for understanding state-level economic performance and trade dynamics.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to inform decisions around economic development, international commerce, and trade agreements.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of approximately 2-3 months.
Related Trends
Number of Identified Exporters to Aruba from Connecticut
CTABWA475SCEN
Internet users for Aruba
ITNETUSERP2ABW
Value of Exports to Aruba from Arizona
AZABWA052SCEN
Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Aruba
IDSAMRINIAW
Number of Identified Exporters to Aruba from New York
NYABWA475SCEN
Gross Domestic Product Per Capita for Aruba
PCAGDPAWA646NWDB
Citation
U.S. Federal Reserve, Value of Exports to Aruba from Virginia (VAABWA052SCEN), retrieved from FRED.