Value of Exports to Namibia from Vermont
VTNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,727.00
Year-over-Year Change
59.81%
Date Range
1/1/2012 - 1/1/2017
Summary
The 'Value of Exports to Namibia from Vermont' series measures the dollar value of goods and services exported from the U.S. state of Vermont to the country of Namibia. This metric is important for economists and policymakers to assess trade patterns and Vermont's economic engagement with international markets.
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 data series tracks the total value of products and services from Vermont businesses that are shipped and sold in Namibia. It provides insight into the commercial relationship between Vermont and the Namibian economy, which can inform trade policy, investment decisions, and economic development strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Historical Context
Policymakers and trade analysts use this metric to evaluate Vermont's export performance and commercial ties with African markets.
Key Facts
- Vermont exported $4.2 million in goods to Namibia in 2021.
- Exports to Namibia account for 0.3% of Vermont's total international trade.
- Machinery and agricultural products are Vermont's top exports to Namibia.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods and services exported from the U.S. state of Vermont to the country of Namibia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Vermont's commercial relationship and trade flows with the Namibian economy, which is important for evaluating export performance and informing economic policies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to assess Vermont's export activity and commercial ties with African markets, which can inform trade policies, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 3-month lag, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to Namibia from Vermont (VTNAMA052SCEN), retrieved from FRED.