Value of Exports to Iraq from Virginia
VAIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,670,734.00
Year-over-Year Change
-9.29%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Virginia' metric tracks the dollar value of goods and services exported from the U.S. state of Virginia to Iraq. This data point is relevant for understanding Virginia's international trade dynamics and assessing economic 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 series measures the total value of merchandise exports originating from Virginia and destined for Iraq. The data is collected by the U.S. Census Bureau and published through the U.S. International Trade Administration. Economists and policymakers use this metric to analyze Virginia's export profile and trade interdependence with the Iraqi market.
Methodology
The data is collected through customs declarations and surveys of U.S. businesses.
Historical Context
Trends in Virginia's exports to Iraq can inform assessments of bilateral economic ties and have implications for trade policy.
Key Facts
- Virginia is a major exporting state in the U.S.
- Iraq is an important trading partner for some U.S. states.
- Export data can signal economic trends and policy impacts.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Virginia to Iraq.
Q: Why is this trend relevant for users or analysts?
A: Trends in Virginia's exports to Iraq can provide insights into the state's international trade profile and economic relationships with foreign markets.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Export data like this can inform assessments of bilateral economic ties and have implications for trade policy between the U.S. and Iraq.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all export activity.
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Citation
U.S. Federal Reserve, Value of Exports to Iraq from Virginia (VAIRQA052SCEN), retrieved from FRED.