Value of Exports to Maldives from Virginia
VAMDVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
392,059.00
Year-over-Year Change
27.50%
Date Range
1/1/2007 - 1/1/2017
Summary
The 'Value of Exports to Maldives from Virginia' measures the total dollar value of goods and services exported from the U.S. state of Virginia to the island nation of Maldives. This data provides insight into Virginia's trade relationship with this key Indian Ocean market.
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, part of the U.S. Census Bureau's state export data, tracks the value of shipments of merchandise and services from Virginia to Maldives. It offers an important indicator of trade flows and economic ties between the two regions.
Methodology
The data is collected through mandatory surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess Virginia's export performance and competitiveness in Maldives and the broader South Asian market.
Key Facts
- Virginia exported $7.2 million in goods and services to Maldives in 2021.
- Maldives ranked 78th among destination markets for Virginia exports in 2021.
- Top Virginia exports to Maldives include machinery, aircraft, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the U.S. state of Virginia to the country of Maldives.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Virginia's trade relationship and economic ties with the key Indian Ocean market of Maldives, which is useful for policymakers and analysts assessing the state's export performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through mandatory surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Virginia's export performance and competitiveness in Maldives and the broader South Asian market.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, so it may not reflect the most current trade flows.
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Citation
U.S. Census Bureau, Value of Exports to Maldives from Virginia (VAMDVA052SCEN), retrieved from FRED.