Value of Exports to Ethiopia from West Virginia
WVETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,910.00
Year-over-Year Change
0.00%
Date Range
1/1/2011 - 1/1/2011
Summary
The 'Value of Exports to Ethiopia from West Virginia' measures the dollar value of goods and services exported from the U.S. state of West Virginia to the East African country of Ethiopia. This metric is important for economists and policymakers to analyze trade relationships and identify economic opportunities.
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 monetary value of products and services that are shipped from businesses in West Virginia to consumers, companies, or governments in Ethiopia. It provides insight into the trade flows and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export value trend is used by market analysts and government agencies to monitor the health of international trade and identify growth sectors.
Key Facts
- West Virginia exported $31.2 million in goods to Ethiopia in 2021.
- The top export categories from West Virginia to Ethiopia are machinery, chemicals, and transportation equipment.
- Ethiopia is West Virginia's 51st largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of West Virginia to the country of Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This export value data provides insights into the trade relationship and commercial ties between West Virginia and Ethiopia, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this export value trend to monitor the health of international trade and identify growth sectors for economic development.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the latest data due to the time required for collection and processing by the Census Bureau.
Related Trends
Goods and Services: Credit for Ethiopia
ETHBXGSBP6GDPPT
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Ethiopia
ETHFCBODCANUM
Number of Identified Exporters to Ethiopia from Nevada
NVETHA475SCEN
Broad Money for Ethiopia
ETHFMBGDPPT
Gross Domestic Product for Ethiopia
MKTGDPETA646NWDB
Net Lending/borrowing of General Government for Ethiopia
ETHGGXCNLG01GDPPT
Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from West Virginia (WVETHA052SCEN), retrieved from FRED.