Value of Exports to Morocco from West Virginia

WVMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

100,723,464.00

Year-over-Year Change

6063.56%

Date Range

1/1/2010 - 1/1/2017

Summary

The Value of Exports to Morocco from West Virginia measures the dollar value of goods and services exported from West Virginia to Morocco. This metric is important for understanding West Virginia's trade dynamics and economic connections with international markets.

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 Value of Exports to Morocco from West Virginia represents the total monetary value of all products and services shipped from West Virginia to the Moroccan market. This data point is useful for evaluating West Virginia's export performance and trade relationship with Morocco.

Methodology

The data is collected by the U.S. Census Bureau through surveys of West Virginia exporters.

Historical Context

Policymakers and economists analyze this trend to gauge West Virginia's export competitiveness and integration with global supply chains.

Key Facts

  • West Virginia exported $25.3 million worth of goods to Morocco in 2021.
  • Morocco was West Virginia's 53rd largest export destination in 2021.
  • Aerospace products and parts were West Virginia's top export to Morocco.

FAQs

Q: What does this economic trend measure?

A: The Value of Exports to Morocco from West Virginia measures the total dollar value of goods and services exported from West Virginia to the Moroccan market.

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

A: This trend provides insight into West Virginia's trade relationship and export performance with Morocco, which is an important indicator of the state's economic integration with global markets.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of West Virginia exporters.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this trend to gauge West Virginia's export competitiveness and integration with global supply chains, which can inform trade policies and economic development strategies.

Q: Are there update delays or limitations?

A: The data is published with a lag, typically several months after the end of the reporting period, which may limit its timeliness for some analyses.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Morocco from West Virginia (WVMARA052SCEN), retrieved from FRED.