Value of Exports to Panama from Virginia
VAPANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,147,553.00
Year-over-Year Change
200.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Panama from Virginia' trend measures the dollar value of goods and services exported from the U.S. state of Virginia to the country of Panama. This provides insight into economic ties and trade flows 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
This economic series tracks the total monetary value of all products and services exported from Virginia businesses and producers to Panamanian buyers. It offers a quantitative view of the commercial relationship and integration between the Virginia and Panamanian economies.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Historical Context
Policymakers and analysts monitor this trend to assess the health of U.S.-Panama trade and investment.
Key Facts
- Virginia is a major U.S. exporting state.
- Panama is an important trading partner for the United States.
- Trade between Virginia and Panama has increased over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all goods and services exported from the U.S. state of Virginia to the country of Panama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic relationship and trade flows between Virginia and Panama, which is valuable for policymakers, businesses, and economists analyzing regional and international commerce.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data based on customs declarations and shipping manifests.
Q: How is this trend used in economic policy?
A: Governments, trade associations, and analysts monitor this trend to assess the health of U.S.-Panama commercial ties and inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but may be subject to revisions and may not capture all informal or unrecorded trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Panama from Virginia (VAPANA052SCEN), retrieved from FRED.