Number of Identified Exporters to El Salvador from Virginia
VASLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.00
Year-over-Year Change
25.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of identified exporters to El Salvador from the U.S. state of Virginia. It provides insight into the trade and commercial relationships between Virginia businesses and the Salvadoran 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
The Number of Identified Exporters to El Salvador from Virginia measures the count of unique companies based in Virginia that have reported exporting goods or services to El Salvador. This metric is used by economists and policymakers to assess the strength of trade ties and export activity between the two regions.
Methodology
The data is collected through surveys and reporting from the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding the commercial dynamics and trade flows between Virginia and El Salvador, which can inform economic development and trade policy decisions.
Key Facts
- Virginia exported over $150 million in goods to El Salvador in 2021.
- The number of identified Virginia exporters to El Salvador has grown by 25% since 2015.
- El Salvador is Virginia's 4th largest trading partner in Central America.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique companies based in the U.S. state of Virginia that have reported exporting goods or services to El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade ties and export activity between Virginia and the Salvadoran market, which is relevant for understanding regional economic dynamics and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the commercial relationships and trade flows between Virginia and El Salvador, which can inform decisions around economic development and trade policies.
Q: Are there update delays or limitations?
A: There may be lags in reporting and data updates due to the survey-based methodology used to collect this information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to El Salvador from Virginia (VASLVA475SCEN), retrieved from FRED.