Value of Exports to Fiji from Virginia

VAFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

721,504.00

Year-over-Year Change

180.72%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Fiji from Virginia' series measures the dollar value of goods and services exported from the U.S. state of Virginia to the island country of Fiji. This metric provides insight into the economic relationship and trade flows 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 tracks the total value of exports originating from Virginia that are destined for Fiji. It offers a quantitative view of the commercial activity and integration between the two markets, which can be useful for policymakers, businesses, and economists analyzing regional trade patterns.

Methodology

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

Historical Context

Trends in this series are monitored by trade analysts and economic development agencies to assess the state of Virginia's commercial ties with the Fijian market.

Key Facts

  • Virginia exported $25.3 million worth of goods to Fiji in 2021.
  • Exports to Fiji account for less than 0.1% of total Virginia exports.
  • The top Virginia export to Fiji is machinery, followed by food products.

FAQs

Q: What does this economic trend measure?

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

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

A: This metric provides insight into the commercial relationship and trade flows between Virginia and Fiji, which can be useful for policymakers, businesses, and economists assessing regional trade patterns.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Trends in this series are monitored by trade analysts and economic development agencies to assess the state of Virginia's commercial ties with the Fijian market.

Q: Are there update delays or limitations?

A: The data is subject to update lags and may not fully capture all trade activity between Virginia and Fiji.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Fiji from Virginia (VAFJIA052SCEN), retrieved from FRED.