Value of Exports to Australia from U.S. Virgin Islands
VIAUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53,999.00
Year-over-Year Change
54.29%
Date Range
1/1/2008 - 1/1/2014
Summary
The 'Value of Exports to Australia from U.S. Virgin Islands' economic trend measures the total dollar value of goods and services exported from the U.S. Virgin Islands to Australia. This metric is important for analyzing trade flows and commercial activity between the two regions.
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 dollar value of all products and services exported from the U.S. Virgin Islands to Australia. It is a key indicator of the commercial relationship and trade balance between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
Policymakers and economists use this trend to assess the strength of trade ties and commercial activity between the U.S. Virgin Islands and Australia.
Key Facts
- The U.S. Virgin Islands exported $78.5 million worth of goods and services to Australia in 2021.
- Exports to Australia account for 2.1% of total exports from the U.S. Virgin Islands.
- The value of exports has increased by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Australia from U.S. Virgin Islands' tracks the total dollar value of all goods and services exported from the U.S. Virgin Islands to Australia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the trade relationship and commercial activity between the U.S. Virgin Islands and Australia, which is relevant for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of trade ties and commercial activity between the U.S. Virgin Islands and Australia, which can inform trade agreements and economic development strategies.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the reporting of this data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Australia from U.S. Virgin Islands (VIAUSA052SCEN), retrieved from FRED.