Number of Identified Exporters to India from West Virginia
WVINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.00
Year-over-Year Change
97.44%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from West Virginia' trend tracks the count of businesses based in West Virginia that export goods to India. This metric provides insight into the trade relationship between West Virginia and the Indian market.
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 exporters located in West Virginia that ship products to India. It serves as an indicator of West Virginia's export activity and commercial ties with the Indian economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Historical Context
Policymakers and economists analyze this trend to understand West Virginia's export performance and integration with global markets.
Key Facts
- West Virginia exported $258 million worth of goods to India in 2021.
- The number of identified exporters from West Virginia to India has increased by 12% since 2015.
- India is West Virginia's 4th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses based in West Virginia that export goods to the Indian market.
Q: Why is this trend relevant for users or analysts?
A: The number of West Virginia exporters to India provides insight into the trade relationship between the state and the Indian economy, which is valuable information for policymakers and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and international trade records.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to understand West Virginia's export performance and integration with global markets, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delay in reporting due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from West Virginia (WVINDA475SCEN), retrieved from FRED.