Number of Identified Exporters to the Plurinational State of Bolivia from West Virginia
WVBOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
200.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend tracks the number of businesses located in West Virginia that export goods to Bolivia. It provides insights into West Virginia's international trade activity and broader economic ties.
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
The 'Number of Identified Exporters to the Plurinational State of Bolivia from West Virginia' series reports the count of unique West Virginia-based entities that export to the Bolivian market over a given time period. This data point is useful for analyzing West Virginia's export sector and its commercial relationships with South American trade partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of West Virginia businesses and customs declarations.
Historical Context
This export data informs policymakers and economists about the state of West Virginia's international trade and its economic integration with emerging markets.
Key Facts
- West Virginia exported $36.9 million in goods to Bolivia in 2021.
- The number of identified West Virginia exporters to Bolivia has grown by 25% since 2015.
- Bolivia ranks as West Virginia's 75th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in West Virginia that export goods to Bolivia. It provides insights into the state's international trade activity.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for analyzing West Virginia's export sector and its economic ties to emerging South American markets like Bolivia.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of West Virginia businesses and customs declarations.
Q: How is this trend used in economic policy?
A: This export data informs policymakers and economists about the state of West Virginia's international trade and its economic integration with global markets.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting due to the time required for business surveys and customs processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Plurinational State of Bolivia from West Virginia (WVBOLA475SCEN), retrieved from FRED.