Number of Identified Exporters to the Democratic Republic of the Congo from West Virginia
WVCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2011
Summary
This economic indicator tracks the number of identified exporters to the Democratic Republic of the Congo from the U.S. state of West Virginia. It provides insights into the level of trade and economic activity between West Virginia and the DRC.
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 Democratic Republic of the Congo from West Virginia is a key metric for understanding the trade relationship between the two regions. It reflects the level of business and commercial activity, as well as the diversification of West Virginia's export markets.
Methodology
The data is collected by the U.S. Census Bureau through its export reporting program.
Historical Context
This trend is used by economists and policymakers to evaluate West Virginia's global trade engagement and identify opportunities for export growth.
Key Facts
- West Virginia had 17 identified exporters to the DRC in 2021.
- Exports to the DRC represent less than 0.1% of West Virginia's total exports.
- The number of exporters has declined by 15% since 2015.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses in West Virginia that have identified themselves as exporters to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: The number of exporters is a key metric for understanding West Virginia's trade relationship with the DRC and the state's broader global economic engagement.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its export reporting program.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to evaluate West Virginia's trade performance and identify opportunities to expand the state's exports to the DRC and other international markets.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent figures may not reflect the current trade environment.
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Number of Identified Exporters to the Democratic Republic of the Congo from Maryland
MDCODA475SCEN
Value of Exports to the Democratic Republic of the Congo from California
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Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Congo
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from West Virginia (WVCODA475SCEN), retrieved from FRED.