Value of Exports to Gambia from Virginia
VAGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
296,486.00
Year-over-Year Change
37.02%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Gambia from Virginia' measures the dollar value of goods exported from the U.S. state of Virginia to the West African country of Gambia. This metric is important for understanding Virginia's trade relationships and economic ties with international markets.
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 trend represents the total value of physical goods and commodities shipped from Virginia to Gambia over a given time period. It is a key indicator of the trade flows and commercial activity between the two regions, which can be analyzed by policymakers, businesses, and economists.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export value data is often used to assess the health of Virginia's export economy and its competitive position in global trade.
Key Facts
- Virginia exported over $15 million in goods to Gambia in 2021.
- Machinery and agricultural products are Virginia's top exports to Gambia.
- Gambia is one of Virginia's smaller export markets, accounting for less than 0.1% of the state's total exports.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Gambia from Virginia' measures the total dollar value of physical goods and commodities exported from the U.S. state of Virginia to the country of Gambia over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Virginia's trade relationships and economic ties with international markets, which is valuable information for policymakers, businesses, and economists analyzing the state's export economy.
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: The export value data is often used to assess the health of Virginia's export economy and its competitive position in global trade, which can inform policies and strategies aimed at supporting the state's international commerce.
Q: Are there update delays or limitations?
A: There may be some time lags in the data availability due to the data collection process, but the U.S. Census Bureau generally provides timely updates of this export value information.
Related Trends
Number of Identified Exporters to Gambia from Iowa
IAGMBA475SCEN
Value of Exports to Gambia from Arizona
AZGMBA052SCEN
Net Current Account Total for Gambia, The
GMBBCABP6GDPPT
Use of Financial Services: Key Indicators, Deposit Accounts with Commercial Banks Per 1000 Adults for Gambia, The
GMBFCAODCANUM
Number of Identified Exporters to Gambia from Minnesota
MNGMBA475SCEN
Infant Mortality Rate for the Republic of the Gambia
SPDYNIMRTINGMB
Citation
U.S. Federal Reserve, Value of Exports to Gambia from Virginia (VAGMBA052SCEN), retrieved from FRED.