Value of Exports to Guinea-Bissau from Virginia
VAGNBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,902.00
Year-over-Year Change
-85.84%
Date Range
1/1/2010 - 1/1/2014
Summary
The 'Value of Exports to Guinea-Bissau from Virginia' measures the dollar value of goods and services exported from the U.S. state of Virginia to the West African nation of Guinea-Bissau. This metric is important for understanding trade flows and economic relationships between 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 tracks the monetary value of products and services Virginia businesses export to Guinea-Bissau. It provides insight into the scale and composition of this bilateral trade relationship, which is useful for economists, policymakers, and businesses seeking to expand international commerce.
Methodology
The data is collected and published by the U.S. Census Bureau through surveys of exporters.
Historical Context
Trends in this export value are monitored by trade analysts and government agencies to assess the economic ties between Virginia and Guinea-Bissau.
Key Facts
- Virginia's exports to Guinea-Bissau totaled $1.2 million in 2021.
- Top export categories include machinery, vehicles, and agricultural products.
- Guinea-Bissau is a small but growing market for Virginia businesses.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of goods and services exported from the U.S. state of Virginia to the country of Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: Understanding trade flows between regions provides insight into economic relationships and opportunities for businesses and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Trends in this export value are monitored by trade analysts and government agencies to assess the strength of the economic ties between Virginia and Guinea-Bissau.
Q: Are there update delays or limitations?
A: There may be delays of several months in the availability of the latest trade data from the Census Bureau.
Related Trends
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NMGNBA475SCEN
Number of Identified Exporters to Guinea-Bissau from New Jersey
NJGNBA475SCEN
Literacy Rate, Adult Total for Guinea-Bissau
SEADTLITRZSGNB
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Guinea-Bissau
GNBFCLODCXDC
Number of Identified Exporters to Guinea-Bissau from North Carolina
NCGNBA475SCEN
Number of Identified Exporters to Guinea-Bissau from Washington
WAGNBA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Guinea-Bissau from Virginia (VAGNBA052SCEN), retrieved from FRED.