Number of Identified Exporters to Panama from West Virginia
WVPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of businesses in West Virginia that export goods to Panama. It provides insights into trade dynamics and the state's export competitiveness.
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 Panama from West Virginia measures the count of unique companies located in West Virginia that sell products or services to customers in Panama. This metric is used by economists and policymakers to analyze West Virginia's export activity and trade relationships.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in exporter counts can inform trade policy, economic development initiatives, and market access strategies.
Key Facts
- West Virginia exported $72 million in goods to Panama in 2021.
- The number of exporters to Panama from West Virginia has grown by 12% since 2015.
- Machinery and transportation equipment are West Virginia's top exports to Panama.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique businesses located in West Virginia that export goods or services to customers in Panama.
Q: Why is this trend relevant for users or analysts?
A: Trends in exporter counts provide insights into a state's export competitiveness and trade relationships, which are important for economic development and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to inform trade agreements, export promotion programs, and other initiatives aimed at supporting state-level economic growth.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag due to the time required for data collection and processing.
Related Trends
Number of Identified Exporters to Panama from Washington
WAPANA475SCEN
Value of Exports to Panama from Arkansas
ARPANA052SCEN
Number of Identified Exporters to Panama from North Dakota
NDPANA475SCEN
Number of Identified Exporters to Panama from Nevada
NVPANA475SCEN
Balance of Payments: Current account balance (credit less debit) for Panama
PANBCAGDPBP6
Value of Exports to Panama from Pennsylvania
PAPANA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Panama from West Virginia (WVPANA475SCEN), retrieved from FRED.