Value of Exports to Bangladesh from Virginia
VABGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,756,653.00
Year-over-Year Change
69.61%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Virginia' measures the total dollar value of goods and services exported from the state of Virginia to Bangladesh. This metric is important for economists and policymakers to assess trade flows and economic relationships between U.S. states and foreign countries.
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 represents the estimated total value of all products and services exported from Virginia to Bangladesh. It is a key indicator of the economic and commercial ties between the two regions, shedding light on trade patterns and the relative importance of Bangladesh as an export market for Virginian businesses.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of Virginia-based exporters.
Historical Context
Policymakers and trade analysts use this metric to understand Virginia's export performance and guide decisions on economic policies, trade agreements, and market development initiatives.
Key Facts
- Virginia exported over $130 million in goods and services to Bangladesh in 2021.
- Bangladesh was Virginia's 45th largest export destination in 2021.
- Top Virginian exports to Bangladesh include machinery, agricultural products, and vehicles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the state of Virginia to Bangladesh over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows, economic relationships, and market opportunities between U.S. states and foreign countries.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of Virginia-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to guide decisions on economic policies, trade agreements, and market development initiatives.
Q: Are there update delays or limitations?
A: The data may have a 1-2 month update delay, and can be subject to revisions by the Census Bureau.
Related Trends
External Trade: Volume of Imports of Goods and Services for Bangladesh
BGDTMRPCPPPT
Number of Listed Companies for Bangladesh
DDOM01BDA644NWDB
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Bangladesh
DDDI04BDA156NWDB
Use of Financial Services Deposit Accounts: Life Insurance Accounts at Insurance Corporations for Bangladesh
BGDFCAOFILPNUM
Value of Exports to Bangladesh from Florida
FLBGDA052SCEN
Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Other Financial Intermediaries for Bangladesh
BGDFCNMSNUM
Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Virginia (VABGDA052SCEN), retrieved from FRED.