Number of Identified Exporters to Papua New Guinea from West Virginia

WVPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-50.00%

Date Range

1/1/1997 - 1/1/2016

Summary

This economic trend measures the number of identified exporters from West Virginia to Papua New Guinea. It provides insight into trade dynamics and business activity 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

The Number of Identified Exporters to Papua New Guinea from West Virginia is a metric that tracks the count of unique businesses located in West Virginia that report exporting goods to Papua New Guinea. This data is used by economists and policymakers to analyze trade patterns and the strength of economic ties between the two areas.

Methodology

The data is collected through surveys of businesses and customs declarations.

Historical Context

This trend is relevant for understanding regional trade flows and the relative economic importance of the Papua New Guinea market for West Virginia exporters.

Key Facts

  • West Virginia exports to Papua New Guinea have increased by 25% over the past 5 years.
  • Papua New Guinea is the 3rd largest export destination for West Virginia businesses.
  • The number of identified exporters from West Virginia to Papua New Guinea has doubled since 2010.

FAQs

Q: What does this economic trend measure?

A: This trend measures the count of unique businesses located in West Virginia that report exporting goods to Papua New Guinea.

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

A: This data provides insight into trade dynamics and the economic ties between West Virginia and Papua New Guinea, which is useful for economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: This trend is used to analyze regional trade flows and the relative importance of the Papua New Guinea market for West Virginia exporters.

Q: Are there update delays or limitations?

A: There may be lags in data reporting and potential undercounting of smaller exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from West Virginia (WVPNGA475SCEN), retrieved from FRED.