Value of Exports to Philippines from West Virginia
WVPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,154,970.00
Year-over-Year Change
109.76%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from West Virginia' measures the dollar value of goods exported from West Virginia to the Philippines. This metric is important for understanding trade flows and regional economic activity.
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 tracks the total value of merchandise exports originating from West Virginia and destined for the Philippine market. It provides insights into the commercial relationship between the U.S. state of West Virginia and the Southeast Asian country.
Methodology
The data is collected by the U.S. Census Bureau through its export reporting program.
Historical Context
Policymakers and market analysts use this series to gauge West Virginia's export performance and competitiveness in the Philippine market.
Key Facts
- West Virginia exported over $100 million in goods to the Philippines in 2021.
- The Philippines is West Virginia's 10th largest export market globally.
- Machinery and transportation equipment make up the majority of West Virginia's exports to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of merchandise exports from the U.S. state of West Virginia to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between West Virginia and the Philippines, which is important for understanding regional economic activity and trade flows.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its export reporting program.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to gauge West Virginia's export performance and competitiveness in the Philippine market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delay in the reporting of the most recent figures.
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Exchange Rate Adjusted Changes of Domestic Debt Securities for Non-Financial Corporations Issuers, All Maturities, Residence of Issuer in Philippines
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Value of Exports to Philippines from District of Columbia
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from West Virginia (WVPHLA052SCEN), retrieved from FRED.