Value of Exports to Ethiopia from Virginia
VAETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,996,002.00
Year-over-Year Change
40.38%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Virginia to Ethiopia. It is an important indicator of trade flows and economic activity 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
The Value of Exports to Ethiopia from Virginia series tracks the dollar value of goods and services exported from Virginia to Ethiopia. It provides insights into the commercial relationship and economic interdependence between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is used by economists, policymakers, and businesses to analyze trade patterns and guide economic decision-making.
Key Facts
- Virginia is a major exporting state in the U.S.
- Ethiopia is a fast-growing economy in Africa.
- Trade between Virginia and Ethiopia has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of goods and services exported from the U.S. state of Virginia to Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship and economic interdependence between Virginia and Ethiopia, which is valuable information for businesses, policymakers, and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trade patterns and guide economic decision-making, such as trade agreements and export promotion initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential limitations of government statistical reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Virginia (VAETHA052SCEN), retrieved from FRED.