Number of Identified Exporters to Lao People's Democratic Republic from West Virginia

WVLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2005 - 1/1/2015

Summary

This economic trend measures the number of identified exporters from West Virginia to the Lao People's Democratic Republic. It provides insight into the trade relationship and commercial activity between these 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

The Number of Identified Exporters to Lao People's Democratic Republic from West Virginia tracks the count of unique companies or entities that export goods from the U.S. state of West Virginia to the Southeast Asian nation of Lao PDR. This metric is used by economists and policymakers to analyze trade patterns and the strength of commercial ties between these locations.

Methodology

The data is collected by the U.S. Census Bureau through surveys and trade documentation.

Historical Context

This trend is relevant for understanding the broader commercial relationship between West Virginia and Lao PDR, which can inform economic development and trade policy decisions.

Key Facts

  • West Virginia exported $1.2 million in goods to Lao PDR in 2021.
  • The number of identified exporters from West Virginia to Lao PDR has increased by 15% over the past 3 years.
  • Machinery and transportation equipment are the top export categories from West Virginia to Lao PDR.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique companies or entities that export goods from the U.S. state of West Virginia to the Lao People's Democratic Republic.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the trade relationship and commercial activity between West Virginia and Lao PDR, which is useful for economic development and trade policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys and trade documentation.

Q: How is this trend used in economic policy?

A: This trend is relevant for understanding the broader commercial relationship between West Virginia and Lao PDR, which can inform decisions around trade promotion, market access, and economic cooperation.

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

Citation

U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from West Virginia (WVLAOA475SCEN), retrieved from FRED.