Number of Identified Exporters to Rwanda from Virginia
VARWAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
16.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Rwanda from Virginia' series tracks the count of companies located in the U.S. state of Virginia that export goods to the African country of Rwanda. This metric provides insight into Virginia's trade relationships and commercial activity with foreign markets.
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 indicator measures the number of unique exporting firms based in Virginia that ship products to Rwanda. It offers a quantitative snapshot of Virginia's export composition and commercial engagement with the Rwandan market over time.
Methodology
The data is collected by the U.S. Census Bureau through mandatory surveys of businesses.
Historical Context
Policymakers and economists use this series to assess Virginia's export performance and overall trade dynamics with East African nations.
Key Facts
- Virginia is a major U.S. exporting state.
- Rwanda is an emerging market in East Africa.
- Tracking exporter counts can reveal trade patterns.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies located in the U.S. state of Virginia that export goods to Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Virginia's trade relationships and commercial activity with foreign markets, which is useful for policymakers and economists assessing the state's export performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess Virginia's export performance and overall trade dynamics with East African nations like Rwanda.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based collection methodology.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Rwanda from Virginia (VARWAA475SCEN), retrieved from FRED.