Value of Exports to El Salvador from Virginia
VASLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,823,803.00
Year-over-Year Change
93.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to El Salvador from Virginia' series measures the dollar value of merchandise exports from the U.S. state of Virginia to the country of El Salvador. This statistic is important for understanding Virginia's trade relationships and economic integration with Central American 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 series tracks the total dollar value of physical goods and commodities exported from Virginia to El Salvador on a monthly basis. It provides insight into the scale and direction of trade flows between the two regions, which is relevant for policymakers, businesses, and economic analysts seeking to understand Virginia's global trade profile.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Historical Context
Trends in this series are monitored by trade groups, state economic development agencies, and federal policymakers to assess the health of Virginia's export economy.
Key Facts
- Virginia exported $120 million in goods to El Salvador in 2021.
- Machinery and transportation equipment make up over 50% of Virginia's exports to El Salvador.
- Exports to El Salvador account for 2.5% of Virginia's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of physical goods and commodities exported from the U.S. state of Virginia to the country of El Salvador on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Trends in this series provide insight into the scale and direction of trade flows between Virginia and El Salvador, which is relevant for policymakers, businesses, and economic analysts seeking to understand Virginia's global trade profile.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Q: How is this trend used in economic policy?
A: Trends in this series are monitored by trade groups, state economic development agencies, and federal policymakers to assess the health of Virginia's export economy.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in data availability due to the time required for exporters to report and the Census Bureau to compile the information.
Related Trends
Gross Domestic Product for El Salvador
MKTGDPSVA646NWDB
Value of Exports to El Salvador from Mississippi
MSSLVA052SCEN
Central government debt, total (% of GDP) for El Salvador
DEBTTLSVA188A
Value of Exports to El Salvador from Iowa
IASLVA052SCEN
Use of Financial Services Deposit Accounts: Accounts at Commercial Banks for El Salvador
SLVFCAODCNUM
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for El Salvador
SLVFCACNUM
Citation
U.S. Federal Reserve, Value of Exports to El Salvador from Virginia (VASLVA052SCEN), retrieved from FRED.