Value of Exports to Brunei Darussalam from Virginia

VABRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

722,015.00

Year-over-Year Change

-69.64%

Date Range

1/1/1997 - 1/1/2016

Summary

The 'Value of Exports to Brunei Darussalam from Virginia' series tracks the total value of goods and services exported from the state of Virginia to the country of Brunei Darussalam. This metric is important for understanding regional trade dynamics and the economic relationship between the two regions.

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 economic indicator represents the dollar value of all products and services exported from the state of Virginia to the Southeast Asian nation of Brunei Darussalam. It provides insight into the commercial trade flows and interdependence between the two economies.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

Policymakers and economists analyze this metric to assess the health of Virginia's export sector and its engagement with the Brunei market.

Key Facts

  • Virginia's exports to Brunei totaled $5.2 million in 2021.
  • Brunei ranked 148th among destinations for Virginia's exports in 2021.
  • The top export categories from Virginia to Brunei are machinery, electronics, and transportation equipment.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total dollar value of goods and services exported from the U.S. state of Virginia to the country of Brunei Darussalam.

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

A: This metric provides insight into the trade relationship and commercial interdependence between the state of Virginia and the Brunei market, which is important for understanding regional economic dynamics.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this indicator to assess the health of Virginia's export sector and its engagement with the Brunei market.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 2-3 month delay.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Brunei Darussalam from Virginia (VABRNA052SCEN), retrieved from FRED.