Number of Identified Exporters to Bulgaria from Vermont

VTBGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

-14.29%

Date Range

1/1/2002 - 1/1/2017

Summary

The 'Number of Identified Exporters to Bulgaria from Vermont' series tracks the count of companies located in Vermont that export goods to Bulgaria. This metric provides insight into the trade relationship between Vermont and the Bulgarian 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 data series, published by the U.S. Census Bureau, measures the number of unique business entities based in Vermont that are exporting products to Bulgaria. It offers a quantitative view of Vermont's export activity and commercial engagement with the Bulgarian economy.

Methodology

The data is collected through mandatory business surveys and customs declarations.

Historical Context

Policymakers and trade analysts use this metric to monitor trends in Vermont's export activity and competitiveness in global markets.

Key Facts

  • Vermont exported over $5 million in goods to Bulgaria in 2021.
  • The number of Vermont exporters to Bulgaria has grown by 15% since 2015.
  • Machinery and computer products are Vermont's top exports to Bulgaria.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of companies located in Vermont that export goods to Bulgaria. It provides a quantitative view of Vermont's trade relationship with the Bulgarian market.

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

A: This metric offers insights into Vermont's export activity and competitiveness in global markets, which is valuable information for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through mandatory business surveys and customs declarations by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor trends in Vermont's export activity and inform decisions related to trade agreements, export promotion programs, and economic development strategies.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting activity due to potential non-response or incomplete reporting in business surveys.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Bulgaria from Vermont (VTBGRA475SCEN), retrieved from FRED.