Number of Identified Exporters to Singapore from Virginia
VASGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
307.00
Year-over-Year Change
6.60%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Virginia' metric tracks the count of businesses located in Virginia that export goods to Singapore, providing insights into the trade dynamics 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 represents the number of unique Virginia-based exporters that have shipped merchandise to Singapore in a given time period. It is a key indicator of the strength and breadth of economic ties between the Commonwealth of Virginia and the Southeast Asian trading hub.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reports from exporting firms.
Historical Context
Policymakers and trade analysts use this metric to assess the export competitiveness of Virginia businesses and the effectiveness of trade promotion initiatives.
Key Facts
- Virginia exported over $1.1 billion in goods to Singapore in 2021.
- The number of identified Virginia exporters to Singapore has grown by 20% over the past 5 years.
- Top export categories from Virginia to Singapore include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in Virginia that have exported goods to Singapore in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and breadth of economic ties between Virginia and the key Southeast Asian trading partner of Singapore.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through mandatory reporting from exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the export competitiveness of Virginia businesses and the effectiveness of trade promotion initiatives.
Q: Are there update delays or limitations?
A: The data is subject to a several month reporting lag, and only captures identified exporters, not all firms that may ship to Singapore.
Related Trends
Number of Identified Exporters to Singapore from Nevada
NVSGPA475SCEN
Number of Identified Exporters to Singapore from New Mexico
NMSGPA475SCEN
National Accounts: Real Gross Domestic Product for Singapore
SGPNGDPRPCPPPT
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Singapore
SGPFCBODCKNUM
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Singapore
IDSNFAMRIAOSG
Bank Deposits to GDP for Singapore
DDOI02SGA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Virginia (VASGPA475SCEN), retrieved from FRED.