Number of Identified Exporters to Costa Rica from West Virginia
WVCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
175.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Costa Rica from West Virginia tracks the count of businesses located in West Virginia that export goods to Costa Rica. This metric provides insights into trade flows and economic integration 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 measures the number of unique exporting enterprises based in West Virginia that have shipped goods to Costa Rica. It is an important indicator of trade dynamics and the degree of economic interconnectedness between the state and the destination country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and economists analyze this trend to understand patterns in regional export activity and cross-border supply chains.
Key Facts
- West Virginia exported over $78 million in goods to Costa Rica in 2021.
- The number of identified West Virginia exporters to Costa Rica has grown by 25% since 2015.
- Manufacturing and agriculture are the top two export industries from West Virginia to Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in West Virginia that have exported goods to Costa Rica over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into trade flows and economic integration between West Virginia and Costa Rica, which is useful for policymakers, businesses, and economists analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting enterprises.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to understand the state of trade relationships and identify opportunities for expanding economic cooperation between West Virginia and Costa Rica.
Q: Are there update delays or limitations?
A: There can be lags of several months in the release of this data, and the survey-based methodology may not capture all exporting enterprises.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from West Virginia (WVCRIA475SCEN), retrieved from FRED.