Number of Identified Exporters to Mexico from Virginia
VAMEXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
787.00
Year-over-Year Change
43.35%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of identified exporters to Mexico from the U.S. state of Virginia. It provides insight into trade dynamics and commercial activity between Virginia and Mexico.
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 Mexico from Virginia series measures the count of unique businesses located in Virginia that reported exporting goods to Mexico. This metric offers visibility into the scale and diversity of Virginia's export relationships with its southern neighbor.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter reporting.
Historical Context
This trend is used by economists and policymakers to analyze Virginia's trade engagement and export competitiveness.
Key Facts
- Virginia exported over $2.5 billion in goods to Mexico in 2021.
- The number of identified Virginia exporters to Mexico has grown by 15% since 2015.
- Virginia's top exports to Mexico include transportation equipment, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Virginia that reported exporting goods to Mexico.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of Virginia's export relationships with Mexico, which is an important trading partner for the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter reporting.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze Virginia's trade engagement and export competitiveness with Mexico.
Q: Are there update delays or limitations?
A: There may be delays in reporting as the data is collected through mandatory business surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mexico from Virginia (VAMEXA475SCEN), retrieved from FRED.