Value of Exports to Singapore from Virginia
VASGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
407,206,289.00
Year-over-Year Change
33.47%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Virginia' trend measures the total value of goods and services exported from the U.S. state of Virginia to the country of Singapore. This metric is important for understanding Virginia's international trade patterns and dynamics.
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 tracks the dollar value of all merchandise exported from Virginia to Singapore. It provides insights into the strength of the trade relationship between the two economies and helps analysts assess Virginia's export performance and competitiveness in global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this trend to inform decisions around trade policy, economic development, and international business strategies.
Key Facts
- Virginia exported $302 million in goods to Singapore in 2021.
- Singapore was Virginia's 12th largest export destination in 2021.
- Virginia's top exports to Singapore include industrial machinery, aircraft, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the U.S. state of Virginia to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of the trade relationship between Virginia and Singapore, helping policymakers and economists assess Virginia's export performance and competitiveness in global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to inform decisions around trade policy, economic development, and international business strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures being available.
Related Trends
Value of Exports to Singapore from Rhode Island
RISGPA052SCEN
Amount Outstanding of Total Debt Securities for All Issuers, All Maturities, Residence of Issuer in Singapore
TDSAMRIAOAISG
Number of Identified Exporters to Singapore from Montana
MTSGPA475SCEN
Non-Bank Financial Institutions' Assets to GDP for Singapore
DDDI03SGA156NWDB
Value of Exports to Singapore from New York
NYSGPA052SCEN
Number of Identified Exporters to Singapore from New York
NYSGPA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Singapore from Virginia (VASGPA052SCEN), retrieved from FRED.