Number of Identified Exporters to Papua New Guinea from Virginia
VAPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
500.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of businesses in Virginia that identify as exporters to Papua New Guinea. It provides insight into trade flows and economic integration between Virginia and this Pacific Island nation.
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 Number of Identified Exporters to Papua New Guinea from Virginia metric captures the count of firms based in Virginia that report exporting goods or services to Papua New Guinea. This data offers a window into the scale and trends of the trade relationship between the two locations.
Methodology
The data is collected through business surveys and administrative records.
Historical Context
Policymakers and trade analysts use this metric to assess the commercial ties between Virginia and Papua New Guinea.
Key Facts
- Virginia exported $X.XX million in goods to Papua New Guinea in the latest year.
- There are approximately XXX identified exporters from Virginia to Papua New Guinea.
- Exports to Papua New Guinea make up X.X% of Virginia's total international trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in Virginia that report exporting goods or services to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and trends of the trade relationship between Virginia and Papua New Guinea, which is relevant for policymakers, economists, and businesses interested in understanding regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the commercial ties between Virginia and Papua New Guinea, which can inform decisions around trade agreements, export promotion programs, and other economic policies.
Q: Are there update delays or limitations?
A: There may be delays in reporting or limitations in survey coverage that can affect the timeliness and completeness of the data.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Virginia (VAPNGA475SCEN), retrieved from FRED.