Value of Exports to Haiti from Virginia
VAHTIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,126,023.00
Year-over-Year Change
-55.26%
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 the Caribbean nation of Haiti. It provides insights into trade flows and economic relationships 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 Haiti from Virginia metric tracks the dollar value of goods and services exported from Virginia to Haiti on a monthly basis. It is used by economists and policymakers to analyze trade dynamics, identify export opportunities, and monitor the strength of commercial ties between the two economies.
Methodology
The data is compiled by the U.S. Census Bureau based on export declarations and shipping records.
Historical Context
This trend is relevant for understanding Virginia's export activity and Haiti's role as a trading partner, which can inform economic and trade policy decisions.
Key Facts
- Virginia exported over $80 million in goods to Haiti in 2021.
- Haiti is Virginia's 48th largest export destination globally.
- Machinery, agricultural products, and chemicals are top Virginia exports to Haiti.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Virginia to the Caribbean country of Haiti on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into trade flows and economic relationships between Virginia and Haiti, which can inform economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on export declarations and shipping records.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Virginia's export activity and Haiti's role as a trading partner, which can inform decisions around economic development, trade agreements, and export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, so it may not reflect the most current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to Haiti from Virginia (VAHTIA052SCEN), retrieved from FRED.