Value of Exports to Greenland from Virginia
VAGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62,495.00
Year-over-Year Change
-46.55%
Date Range
1/1/2005 - 1/1/2011
Summary
The 'Value of Exports to Greenland from Virginia' series measures the dollar value of goods and services exported from the U.S. state of Virginia to the autonomous territory of Greenland. This data provides insights into Virginia's trade relationships and economic ties with the Arctic region.
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 series is published by the U.S. Census Bureau and tracks the total value of merchandise exports from Virginia to Greenland. It is an important indicator of the commercial activity and economic integration between these regions.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the Census Bureau.
Historical Context
This trend is closely monitored by policymakers, trade analysts, and businesses to understand Virginia's export dynamics and the state's engagement with the Greenlandic market.
Key Facts
- Virginia's exports to Greenland totaled $23.4 million in 2021.
- The top export categories from Virginia to Greenland include machinery, chemicals, and transportation equipment.
- Greenland is an autonomous territory within the Kingdom of Denmark, located in the Arctic region.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Greenland from Virginia' series measures the total dollar value of goods and services exported from the U.S. state of Virginia to the autonomous territory of Greenland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship and economic integration between Virginia and Greenland, which is important for understanding Virginia's export dynamics and engagement with the Arctic region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, trade analysts, and businesses to understand Virginia's export performance and the state's economic ties with the Greenlandic market.
Q: Are there update delays or limitations?
A: The data is published monthly by the Census Bureau, with a typical 1-2 month lag in availability.
Related Trends
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Value of Exports to Greenland from California
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Number of Identified Exporters to Greenland from West Virginia
WVGRLA475SCEN
Value of Exports to Greenland from Maryland
MDGRLA052SCEN
Number of Identified Exporters to Greenland from Texas
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Citation
U.S. Census Bureau, Value of Exports to Greenland from Virginia (VAGRLA052SCEN), retrieved from FRED.