Value of Exports to Bulgaria from West Virginia
WVBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,106,923.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/1997
Summary
The Value of Exports to Bulgaria from West Virginia measures the total value of goods and services exported from West Virginia to Bulgaria. This metric is important for analyzing trade patterns and the economic relationship 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 represents the total value of exports from the U.S. state of West Virginia to the country of Bulgaria. It is used by economists and policymakers to understand the flow of goods and services between the two economies and identify trends in bilateral trade.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other entities involved in international trade.
Historical Context
Trends in this metric can provide insights into the broader economic relationship between West Virginia and Bulgaria, with implications for trade policy and business opportunities.
Key Facts
- West Virginia exported $XX.XX million worth of goods and services to Bulgaria in the most recent year.
- Bulgaria ranks Xth among West Virginia's top export destinations.
- The value of exports from West Virginia to Bulgaria has [increased/decreased] by X% over the past [time period].
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Bulgaria from West Virginia measures the total monetary value of goods and services exported from the U.S. state of West Virginia to the country of Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between West Virginia and Bulgaria, which is important for understanding regional economic dynamics and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other entities involved in international trade.
Q: How is this trend used in economic policy?
A: Trends in the value of exports from West Virginia to Bulgaria can inform trade policy decisions, business strategies, and economic development initiatives aimed at strengthening bilateral economic ties.
Q: Are there update delays or limitations?
A: There may be a delay of several months between the end of a reporting period and the publication of the latest data. Additionally, the data may not capture all export activity due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Value of Exports to Bulgaria from West Virginia (WVBGRA052SCEN), retrieved from FRED.