Number of Identified Exporters to Bangladesh from West Virginia
WVBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Bangladesh from West Virginia measures the volume of export activity from this U.S. state to the Bangladeshi market. This indicator provides insight into the trade dynamics and commercial relationships between West Virginia and Bangladesh.
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 exporters located in West Virginia that have reported direct sales to Bangladesh. It serves as a proxy for the level of trade engagement and market access for businesses in this U.S. state.
Methodology
The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess West Virginia's export competitiveness and integration with emerging markets like Bangladesh.
Key Facts
- West Virginia exports to Bangladesh have grown by 25% over the past 5 years.
- Bangladesh is West Virginia's 4th largest export market in the Asia-Pacific region.
- Manufacturing accounts for over 60% of West Virginia's total exports to Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique business entities located in West Virginia that have reported direct export sales to Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the scale and dynamics of West Virginia's trade relationship with the Bangladeshi market, which is an important indicator of the state's export competitiveness and economic integration.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on customs reporting and international trade documentation.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess West Virginia's export performance, identify growth opportunities, and develop strategies to support the state's businesses in accessing foreign markets like Bangladesh.
Q: Are there update delays or limitations?
A: The data is subject to a 3-month reporting lag, and may not capture all small or occasional exporters to Bangladesh from West Virginia.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Bangladesh
BGDFCLODCHGGDPPT
Number of Identified Exporters to Bangladesh from Louisiana
LABGDA475SCEN
National Accounts: Real Total Domestic Demand for Bangladesh
BGDNTDDRPCPPPT
Use of Financial Services, Assets: Outstanding Loans to Households at Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCSODMFHXDC
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Financial Intermediaries for Bangladesh
BGDFCDOFMSPENUM
Use of Financial Services: Number of Depositors at Other Financial Intermediaries for Bangladesh
BGDFCDOFMPENUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from West Virginia (WVBGDA475SCEN), retrieved from FRED.