Value of Exports to Chad from Virginia
VATCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
352,009.00
Year-over-Year Change
189.09%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Chad from Virginia' trend measures the total dollar value of goods and services exported from the U.S. state of Virginia to the African country of Chad. This provides insight into trade and economic activity 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 economic series tracks the value of international trade flows, which are an important indicator of economic health and integration. Analyzing state-level export data can reveal geographic trade patterns and inform policymakers and businesses about regional economic dynamics.
Methodology
The data is compiled by the U.S. Census Bureau through surveys of firms engaged in exporting activities.
Historical Context
Trends in state-level exports are closely monitored by economists and trade policy analysts to assess regional economic conditions and the impacts of trade agreements or disputes.
Key Facts
- Virginia's exports to Chad totaled $1.2 million in 2021.
- Aerospace products are a major export category from Virginia to Chad.
- Export values from Virginia to Chad have declined by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Virginia to the country of Chad.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides insights into regional trade and economic dynamics that are useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau through surveys of firms engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are closely monitored by economists and trade policy analysts to assess regional economic conditions and the impacts of trade agreements or disputes.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of state-level export data due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Chad from Virginia (VATCDA052SCEN), retrieved from FRED.