Number of Identified Exporters to Saint Kitts and Nevis from Virginia
VAKNAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
42.86%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Saint Kitts and Nevis from Virginia' series tracks the count of businesses in Virginia that export goods to the Caribbean nation of Saint Kitts and Nevis. This data provides insights into trade flows and economic relationships between the U.S. state and the island country.
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 data series is published by the U.S. Census Bureau and represents the number of unique business enterprises in Virginia that report exporting merchandise to Saint Kitts and Nevis over a given time period. It serves as an indicator of the commercial and trade ties between the two economies.
Methodology
The data is collected through mandatory reporting requirements for U.S. businesses engaged in international trade.
Historical Context
This metric is used by economists, trade analysts, and policymakers to monitor the health of commercial relationships and identify trends in trade activity between the U.S. and its trading partners.
Key Facts
- Virginia exported over $20 million in goods to Saint Kitts and Nevis in 2021.
- The number of identified Virginia exporters to Saint Kitts and Nevis has grown by 15% since 2015.
- Saint Kitts and Nevis was Virginia's 65th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in the U.S. state of Virginia that export goods to the Caribbean nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial and trade ties between Virginia and Saint Kitts and Nevis, which is useful for economists, trade analysts, and policymakers monitoring regional economic relationships.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting requirements for U.S. businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: This metric is used by governments, trade associations, and international organizations to track trade flows and identify opportunities or challenges in commercial relationships between the U.S. and its trading partners.
Q: Are there update delays or limitations?
A: There may be lags of several months between the reference period and data publication due to the time required for businesses to report their trade activity.
Related Trends
General Government Gross Debt for St. Vincent and the Grenadines
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Value of Exports to Saint Kitts and Nevis from Missouri
MOKNAA052SCEN
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for St. Kitts and Nevis
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Value of Exports to Saint Kitts and Nevis from New Hampshire
NHKNAA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for St. Kitts and Nevis
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Number of Identified Exporters to Saint Kitts and Nevis from Kentucky
KYKNAA475SCEN
Citation
U.S. Census Bureau, Number of Identified Exporters to Saint Kitts and Nevis from Virginia (VAKNAA475SCEN), retrieved from FRED.