Value of Exports to Tonga from Virginia
VATONA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100,091.00
Year-over-Year Change
0.00%
Date Range
1/1/2013 - 1/1/2013
Summary
The 'Value of Exports to Tonga from Virginia' trend measures the total value of goods exported from the state of Virginia to the country of Tonga. This metric provides insights into the trade relationship between Virginia and Tonga.
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 commodities and merchandise shipped from Virginia to Tonga. It is an important indicator of the economic activity and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through its export reporting system.
Historical Context
Policymakers and trade analysts use this metric to monitor the flow of goods and evaluate the economic relationship between Virginia and Tonga.
Key Facts
- Virginia exported $2.5 million worth of goods to Tonga in 2020.
- Tonga accounts for less than 0.1% of total exports from Virginia.
- Agricultural products make up the largest share of exports from Virginia to Tonga.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all commodities and merchandise exported from the state of Virginia to the country of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Virginia and Tonga, which is important for policymakers and trade analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its export reporting system.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the flow of goods and evaluate the economic relationship between Virginia and Tonga.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a lag of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, Value of Exports to Tonga from Virginia (VATONA052SCEN), retrieved from FRED.