Value of Exports to Vatican City State from Virginia
VAVATA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,218.00
Year-over-Year Change
1.21%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Value of Exports to Vatican City State from Virginia' measures the dollar value of goods and services exported from the U.S. state of Virginia to the Vatican City State. This metric provides insight into Virginia's trade relationship with the small city-state.
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 total value of exports originating from Virginia and destined for Vatican City, a major religious and diplomatic center. Economists and policymakers analyze this data to understand Virginia's international trade patterns and its engagement with the global economy.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and other administrative sources.
Historical Context
Trends in Virginia's exports to Vatican City can indicate shifts in economic, political, or cultural ties between the two entities.
Key Facts
- Virginia exported $78,000 worth of goods to Vatican City in 2021.
- Exports to Vatican City account for less than 0.1% of Virginia's total international trade.
- The top export categories from Virginia to Vatican City are machinery, vehicles, and precision instruments.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the dollar value of goods and services exported from the U.S. state of Virginia to the Vatican City State.
Q: Why is this trend relevant for users or analysts?
A: Analyzing Virginia's exports to Vatican City provides insights into the state's international trade patterns and engagement with the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and other administrative sources.
Q: How is this trend used in economic policy?
A: Trends in Virginia's exports to Vatican City can indicate shifts in economic, political, or cultural ties between the two entities, which is relevant for policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Value of Exports to Vatican City State from Virginia (VAVATA052SCEN), retrieved from FRED.