Number of Identified Exporters to Bulgaria from Virginia
VABGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
-13.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Bulgaria from Virginia tracks the count of Virginia businesses that export goods to Bulgaria. This metric provides insights into Virginia's trade relationships and economic integration with the Bulgarian market.
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 number of distinct exporters located in Virginia that ship goods to Bulgaria. It serves as an indicator of the commercial and economic ties between the state of Virginia and the country of Bulgaria.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor trends in Virginia's export activity and commercial engagement with Bulgaria.
Key Facts
- The series began in 2002.
- The number of identified exporters peaked in 2008 at 36.
- Virginia's exports to Bulgaria totaled $24.7 million in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in Virginia that export goods to Bulgaria. It provides a count of the exporters rather than the total value of exports.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the commercial and economic ties between Virginia and Bulgaria, which is useful for policymakers, trade analysts, and businesses seeking to understand regional export dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records of exporters.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to monitor and analyze trends in Virginia's export activity, which can inform trade policies, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the series may not capture all exporting activity due to survey coverage and reporting limitations.
Related Trends
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Use of Financial Services: Number of Loan Accounts at Other Depository Corporations for Bulgaria
BGRFCNODNUM
Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Bulgaria
BGRFCLOFIXDC
Harmonized Index of Consumer Prices: Mainly Administered Prices for Bulgaria
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Number of Identified Exporters to Bulgaria from North Carolina
NCBGRA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Bulgaria from Virginia (VABGRA475SCEN), retrieved from FRED.