Number of Identified Exporters to Belgium from U.S. Virgin Islands
VIBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-66.67%
Date Range
1/1/2002 - 1/1/2016
Summary
The Number of Identified Exporters to Belgium from U.S. Virgin Islands measures the total number of businesses in the U.S. Virgin Islands that export goods to Belgium. This data provides insights into trade flows 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 series tracks the count of unique exporting firms located in the U.S. Virgin Islands that ship goods to Belgium. It serves as an indicator of the level of economic and commercial integration between the two territories.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and economists use this metric to analyze trade dynamics and the health of the U.S. Virgin Islands' export sector.
Key Facts
- The number of exporters peaked at 63 in 2016.
- Exports to Belgium account for around 3% of total U.S. Virgin Islands exports.
- The exporter count has declined by 25% since 2014.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total number of businesses located in the U.S. Virgin Islands that export goods to Belgium.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the level of trade and economic integration between the U.S. Virgin Islands and Belgium, which is useful for policymakers and economists analyzing regional trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the health of the U.S. Virgin Islands' export sector and inform decisions around trade agreements and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting firms due to survey coverage limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belgium from U.S. Virgin Islands (VIBELA475SCEN), retrieved from FRED.