Number of Identified Exporters to Benin from Virginia
VABENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
284.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Benin from Virginia tracks the count of businesses in Virginia that export goods to Benin, a West African country. This metric provides insight into trade dynamics and economic relationships between the U.S. state and the foreign 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 series measures the number of unique exporting enterprises located in Virginia that ship goods to Benin. It is used by economists and policymakers to analyze patterns in international trade and the integration of regional economies into global supply chains.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Historical Context
Trends in exporter counts can inform assessments of market access, trade policy, and the competitiveness of Virginia-based firms in Benin.
Key Facts
- Virginia exported $X.X million in goods to Benin in 20XX.
- The number of identified exporters from Virginia to Benin has grown by X% over the past 5 years.
- Machinery and agricultural products are major export categories from Virginia to Benin.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique business enterprises located in the U.S. state of Virginia that export goods to the country of Benin in West Africa.
Q: Why is this trend relevant for users or analysts?
A: The count of exporters provides insight into the depth and diversification of trade relationships between Virginia and Benin, which can inform assessments of market access, competitiveness, and the integration of regional economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Trends in the number of Virginia exporters to Benin can inform trade policy decisions and evaluations of market access, as well as provide context for analyses of regional economic performance and integration into global supply chains.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collection and processing by the Census Bureau.
Related Trends
Number of Identified Exporters to Benin from Vermont
VTBENA475SCEN
Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCIOFMFNNUM
Value of Exports to Benin from Maine
MEBENA052SCEN
Value of Exports to Benin from Montana
MTBENA052SCEN
Number of Identified Exporters to Benin from Kansas
KSBENA475SCEN
Value of Exports to Benin from California
CABENA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from Virginia (VABENA475SCEN), retrieved from FRED.