Value of Exports to the Plurinational State of Bolivia from Virginia
VABOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,814,114.00
Year-over-Year Change
168.29%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to the Plurinational State of Bolivia from Virginia' series measures the total dollar value of goods and services exported from the state of Virginia to Bolivia. This metric is important for analyzing 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 economic indicator represents the commercial activity and trade dynamics between the state of Virginia and Bolivia. It is used by economists, trade analysts, and policymakers to assess the strength of economic ties, market opportunities, and the impacts of trade policies between the U.S. and Bolivia.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This series is relevant for understanding the trade environment and commercial relationship between the U.S. and Bolivia from the perspective of a specific state.
Key Facts
- Virginia exported $15.2 million worth of goods to Bolivia in 2021.
- Exports from Virginia to Bolivia have grown by 8% annually over the past 5 years.
- Agriculture and machinery are the top export categories from Virginia to Bolivia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Virginia to the country of Bolivia.
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 by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This series is used by economists, trade analysts, and policymakers to assess the strength of economic ties and the impacts of trade policies between the U.S. and Bolivia.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Virginia (VABOLA052SCEN), retrieved from FRED.