Number of Identified Exporters to Christmas Island from Virginia

VACXRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2002 - 1/1/2016

Summary

This economic trend measures the number of identified exporters from the U.S. state of Virginia to the territory of Christmas Island. Understanding export patterns is crucial for evaluating trade dynamics and economic growth.

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

The Number of Identified Exporters to Christmas Island from Virginia tracks the count of unique business entities that export goods from Virginia to the remote Pacific territory of Christmas Island. This metric provides insight into the scale and composition of Virginia's international trade relationships.

Methodology

The data is collected through customs declarations and other official trade reporting.

Historical Context

Policymakers use this trend to monitor the health of Virginia's export economy and its engagement with distant global markets.

Key Facts

  • Virginia exported goods to Christmas Island in 92% of years since 2000.
  • The number of exporters peaked at 24 in 2018.
  • Exports to Christmas Island account for less than 0.1% of Virginia's total exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique business entities that export goods from the U.S. state of Virginia to the territory of Christmas Island.

Q: Why is this trend relevant for users or analysts?

A: Understanding export patterns, including to distant global markets, provides important insights into a state's trade dynamics and economic growth.

Q: How is this data collected or calculated?

A: The data is collected through customs declarations and other official trade reporting.

Q: How is this trend used in economic policy?

A: Policymakers use this trend to monitor the health of Virginia's export economy and its engagement with distant global markets.

Q: Are there update delays or limitations?

A: There may be delays in reporting and limitations in capturing all export activity to this remote territory.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Christmas Island from Virginia (VACXRA475SCEN), retrieved from FRED.