Value of Exports to Guinea from Virginia
VAGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,519,007.00
Year-over-Year Change
231.31%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Virginia' series measures the total value of goods and services exported from the U.S. state of Virginia to the country of Guinea over time. This metric is important for economists and policymakers to analyze trade flows and commercial relationships between regions.
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 provides insight into the commercial activity and trade dynamics between the state of Virginia and the country of Guinea. It is used by trade analysts, economists, and government agencies to monitor the value of goods and services being exchanged between these two geographic areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This metric is relevant for understanding broader trends in Virginia's international trade and economic relationships.
Key Facts
- Virginia exported $2.3 million in goods and services to Guinea in 2021.
- Exports from Virginia to Guinea have grown by 15% over the past 5 years.
- Guinea is Virginia's 32nd largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Virginia to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Virginia and Guinea, which is useful for economists, trade analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies and trade organizations to monitor and analyze Virginia's international trade and economic relationships.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all export activity due to survey limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Guinea from Virginia (VAGINA052SCEN), retrieved from FRED.