Value of Exports to Costa Rica from West Virginia
WVCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,766,549.00
Year-over-Year Change
376.47%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Costa Rica from West Virginia measures the total value of goods and services exported from the U.S. state of West Virginia to the country of Costa Rica. This economic indicator provides insight into the trade 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 monetary value of products and services shipped from West Virginia to Costa Rica. It is an important metric for analyzing the strength of the export economy and trade flows between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and trade analysts use this metric to evaluate the health of West Virginia's export sector and its engagement with the Costa Rican market.
Key Facts
- West Virginia exported $72.3 million worth of goods to Costa Rica in 2021.
- Costa Rica was the 25th largest export destination for West Virginia in 2021.
- Machinery, chemicals, and transportation equipment were West Virginia's top exports to Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total monetary value of goods and services exported from the U.S. state of West Virginia to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This export data provides important insights into the trade relationship between West Virginia and Costa Rica, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to evaluate the performance of West Virginia's export sector and shape policies that support trade with Costa Rica.
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 recent trade activity.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Costa Rica
CRICP060000GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Costa Rica
CRICP100000IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Costa Rica
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Use of Financial Services: Number of Depositors at Other Depository Corporations for Costa Rica
CRIFCDODPENUM
Number of Bank Branches for Costa Rica
DDAI02CRA643NWDB
Consumer Prices for Costa Rica
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from West Virginia (WVCRIA052SCEN), retrieved from FRED.