Number of Identified Exporters to Ecuador from Virginia
VAECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.00
Year-over-Year Change
56.58%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ecuador from Virginia' series tracks the total number of Virginia-based companies that export goods and services to Ecuador. This metric is a key indicator of trade activity and commercial relationships 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 series represents the total count of unique Virginia-based companies that have reported exporting to Ecuador in a given time period. It provides insight into the scale and diversity of trade connections between Virginia and the Ecuadorian market.
Methodology
The data is collected through surveys of U.S. companies and administrative records on international trade transactions.
Historical Context
Policymakers and economists use this metric to monitor the health of Virginia's export economy and commercial ties with Ecuador.
Key Facts
- Virginia is a major exporter to Ecuador, ranking among the top U.S. states.
- Exporting supports thousands of jobs in Virginia's manufacturing and services sectors.
- Trade with Ecuador has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of unique Virginia-based companies that have reported exporting goods or services to Ecuador in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of trade connections between Virginia and the Ecuadorian market, which is important for monitoring the health of Virginia's export economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. companies and administrative records on international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the commercial ties between Virginia and Ecuador, which can inform trade policy, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series does not capture all exporters, as participation in surveys is voluntary.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Ecuador
IDS1YMAORIAIEC
Use of Financial Services: Number of Loan Accounts at Credit Unions and Financial Cooperatives for Ecuador
ECUFCNODUNUM
General Government Revenue for Ecuador
ECUGGRGDP
Value of Exports to Ecuador from Kentucky
KYECUA052SCEN
Inflation, consumer prices for Ecuador
FPCPITOTLZGECU
Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Ecuador
ECUFCLOFIXDC
Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Virginia (VAECUA475SCEN), retrieved from FRED.