Number of Identified Exporters to United Arab Emirates from West Virginia
WVAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.00
Year-over-Year Change
105.88%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of exporters from West Virginia to the United Arab Emirates. It provides insights into the volume and dynamics of West Virginia's trade relationships with the UAE.
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 United Arab Emirates from West Virginia metric tracks the companies and businesses located in West Virginia that export goods or services to the UAE market. This data is valuable for analyzing West Virginia's international trade patterns and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
This trend is useful for policymakers, trade analysts, and businesses to understand West Virginia's export performance and opportunities in the UAE market.
Key Facts
- West Virginia exported over $200 million in goods to the UAE in 2021.
- The number of identified West Virginia exporters to the UAE has grown by 15% over the past 5 years.
- Chemicals, machinery, and transportation equipment are West Virginia's top exports to the UAE.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies and businesses located in West Virginia that export goods or services to the United Arab Emirates market.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into West Virginia's trade relationships and competitiveness in the UAE market, which is valuable for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and trade analysts to understand West Virginia's export performance and identify opportunities to support businesses in the UAE market.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting, and the survey methodology may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from West Virginia (WVAREA475SCEN), retrieved from FRED.