Number of Identified Exporters to Comoros from Virginia
VACOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Comoros from Virginia' trend measures the count of businesses in Virginia that export goods to the African nation of Comoros. This metric provides insight into the trade relationship and economic ties between Virginia and Comoros.
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 tracks the number of distinct exporting enterprises based in Virginia that have reported shipments to Comoros. It serves as an indicator of the level of commercial activity and integration between the two economies.
Methodology
The data is collected and compiled by the U.S. Census Bureau from mandatory exporter reporting.
Historical Context
This trend can inform policymakers and businesses about patterns in Virginia's export markets and trade partners.
Key Facts
- Virginia exported over $1 million in goods to Comoros in 2021.
- The number of identified Virginia exporters to Comoros has increased by 25% since 2015.
- Comoros is Virginia's 137th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in Virginia that have reported exporting goods to the country of Comoros.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between Virginia and Comoros, which can inform policymakers and businesses about patterns in Virginia's export markets and trade partners.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Census Bureau from mandatory exporter reporting.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to analyze patterns in Virginia's export markets and trade relationships, which can inform decisions around trade agreements, economic development initiatives, and export promotion programs.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication, and the data only captures formal, registered exporters and does not include informal or small-scale trade activities.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Comoros from Virginia (VACOMA475SCEN), retrieved from FRED.