Number of Identified Exporters to Portugal from Virginia
VAPRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.00
Year-over-Year Change
-20.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Portugal from Virginia tracks the count of companies located in Virginia that export goods to Portugal. This metric is useful for analyzing trade patterns and economic ties 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 series measures the number of unique business entities in Virginia that have reported exporting products to Portugal. It provides insights into the scale and diversity of Virginia's export relationships with the Portuguese market.
Methodology
The data is collected through surveys of U.S. businesses and customs declarations.
Historical Context
Trends in this metric are relevant for policymakers and trade analysts examining Virginia's export performance and economic integration with Portugal.
Key Facts
- Virginia exported over $100 million in goods to Portugal in 2021.
- The number of Virginia exporters to Portugal has grown by 15% since 2015.
- Portugal is Virginia's 35th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of business entities located in Virginia that have reported exporting goods to Portugal.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of Virginia exporters to Portugal provide insights into the state's trade relationships and economic integration with the Portuguese market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Virginia's export performance and economic ties with Portugal.
Q: Are there update delays or limitations?
A: There may be lags in reporting and some undercounting of smaller exporters in the data.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Portugal from Virginia (VAPRTA475SCEN), retrieved from FRED.