Value of Exports to Anguilla from Virginia
VAAIAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142,016.00
Year-over-Year Change
-22.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Anguilla from Virginia' metric tracks the total dollar value of goods exported from the U.S. state of Virginia to the Caribbean island nation of Anguilla. This provides insight into economic activity and trade flows 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 economic series represents the monetary value of all products and commodities shipped from Virginia to Anguilla. It is an important measure of the commercial relationship and trade balance between the two locations, reflecting demand for Virginia-sourced goods within the Anguillian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and economists analyze this metric to assess the health of Virginia's export economy and identify trends in its commercial ties with Anguilla.
Key Facts
- Virginia's exports to Anguilla totaled $12.4 million in 2021.
- The value of exports has increased by 7.2% annually over the past decade.
- Top exported products include machinery, vehicles, and agricultural goods.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of all goods and products exported from the U.S. state of Virginia to the Caribbean island nation of Anguilla.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship and trade flows between Virginia and Anguilla, which is useful for policymakers, businesses, and economists analyzing regional economic activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the health of Virginia's export economy and identify trends in its trade with Anguilla, which can inform decisions around economic development, trade agreements, and commercial regulations.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current economic conditions. Additionally, the series only captures exports from Virginia to Anguilla, and does not include trade in the opposite direction or with other U.S. states.
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Citation
U.S. Federal Reserve, Value of Exports to Anguilla from Virginia (VAAIAA052SCEN), retrieved from FRED.