Value of Exports to the Democratic Republic of the Congo from Virginia
VACODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
849,440.00
Year-over-Year Change
-28.63%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Virginia to the Democratic Republic of the Congo. It provides insights into Virginia's trade relationship with this African nation.
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 the Democratic Republic of the Congo from Virginia tracks the dollar value of goods and services exported from Virginia to the DRC. This metric is used by economists and policymakers to analyze Virginia's trade flows and commercial ties with Central Africa.
Methodology
The data is collected and reported by the U.S. Census Bureau based on official trade statistics.
Historical Context
This export value trend helps inform economic and trade policy decisions between the United States and the Democratic Republic of the Congo.
Key Facts
- Virginia's exports to the DRC totaled $8.9 million in 2021.
- Machinery and transportation equipment are major export categories.
- The DRC is one of Virginia's smaller export markets in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Virginia to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This export value data provides insights into Virginia's trade relationship with the DRC, which is useful for understanding the state's economic ties to Central Africa.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on official trade statistics.
Q: How is this trend used in economic policy?
A: This export value trend helps inform economic and trade policy decisions between the United States and the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The data is subject to typical lags in trade reporting, with a delay of several months before the latest figures are available.
Related Trends
Number of Identified Exporters to the Democratic Republic of the Congo from Michigan
MICODA475SCEN
Use of Financial Services: Number of Loan Accounts at Commercial Banks for Congo
CODFCNODCNUM
Use of Financial Services, Mobile Banking: Registered Number of Mobile Money Accounts for Congo
CODFCMARNUM
Value of Exports to the Democratic Republic of the Congo from Iowa
IACODA052SCEN
Number of Identified Exporters to the Democratic Republic of the Congo from Wisconsin
WICODA475SCEN
Value of Exports to the Democratic Republic of the Congo from Pennsylvania
PACODA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Virginia (VACODA052SCEN), retrieved from FRED.