Value of Exports to Romania from Vermont
VTROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
796,550.00
Year-over-Year Change
44.16%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Romania from Vermont' measures the dollar value of goods and services exported from the U.S. state of Vermont to Romania. This metric is an important indicator of Vermont's economic ties and trade relationship with Romania.
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 trend represents the total value of all products and services sold by Vermont-based companies and individuals to Romanian buyers and businesses. It provides insight into the commercial activity and integration between the Vermont and Romanian economies.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of Vermont exporters.
Historical Context
Policymakers and trade analysts use this metric to evaluate Vermont's export performance and commercial connections with Romania.
Key Facts
- Vermont exported $12.5 million worth of goods to Romania in 2021.
- Romania represents 0.3% of Vermont's total export market.
- Top Vermont exports to Romania include machinery, chemicals, and computer equipment.
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 Vermont to Romania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Vermont's trade relationship and economic connections with Romania, which is important for evaluating export performance and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Vermont-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Vermont's export activity and commercial integration with the Romanian market.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Vermont (VTROUA052SCEN), retrieved from FRED.