Number of Identified Exporters to Namibia from Virginia
VANAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
400.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Namibia from Virginia' tracks the count of Virginia-based businesses that export goods to Namibia. This metric provides insights into the trade relationship between Virginia and the Namibian 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 measures the number of Virginia-based enterprises that have been identified as exporting products or services to Namibia. It serves as an indicator of the breadth and depth of economic ties between the state of Virginia and the southern African nation of Namibia.
Methodology
The data is collected through surveys and commercial registration records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to gauge the export activity of Virginia businesses in the Namibian market.
Key Facts
- Virginia exported over $10 million in goods to Namibia in 2021.
- The number of identified Virginia exporters to Namibia has grown by 25% since 2015.
- Machinery and transportation equipment are the top Virginia exports to Namibia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in Virginia that have been identified as exporting goods or services to Namibia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Virginia and Namibia, which is important for policymakers and businesses seeking to understand export market opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and commercial registration records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to gauge the export activity of Virginia businesses in the Namibian market and inform decisions around trade promotion and economic development.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Namibia from Virginia (VANAMA475SCEN), retrieved from FRED.