Number of Identified Exporters to Thailand from Virginia
VATHAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
242.00
Year-over-Year Change
34.44%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Thailand from Virginia' trend measures the count of Virginia-based companies exporting goods to Thailand. This provides insights into the trade relationship between Virginia and Thailand.
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 number of unique exporting companies located in Virginia that ship products to Thailand. It offers a valuable indicator of trade flows and economic connections between the two regions.
Methodology
The data is collected through customs and census records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts monitor this trend to assess the health of Virginia's export economy and commercial ties with Thailand.
Key Facts
- Virginia exported $1.3 billion worth of goods to Thailand in 2021.
- The number of Virginia exporters to Thailand has grown by 25% since 2015.
- Machinery and agricultural products are Virginia's top exports to Thailand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies located in Virginia that export goods to Thailand. It provides insights into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for policymakers, trade analysts, and businesses to assess the health of Virginia's export economy and commercial ties with Thailand.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and census records.
Q: How is this trend used in economic policy?
A: Governments and trade organizations monitor this trend to understand regional trade dynamics and develop policies to support Virginia's export economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 6-12 months after the reference period. There may also be limitations in capturing all exporting companies.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Thailand from Virginia (VATHAA475SCEN), retrieved from FRED.