Value of Exports to India from U.S. Virgin Islands
VIINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,110.00
Year-over-Year Change
-44.55%
Date Range
1/1/2004 - 1/1/2015
Summary
The 'Value of Exports to India from U.S. Virgin Islands' series measures the total value of goods and services exported from the U.S. Virgin Islands to India. This metric is important for understanding trade flows and economic relationships 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 series tracks the dollar value of all products and services exported from the U.S. Virgin Islands to India. It provides insight into the commercial activity and economic ties between these locations, which is relevant for policymakers, trade analysts, and businesses operating in international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
Trends in this series are used by economists and trade officials to assess the health of commercial relationships and identify opportunities for economic cooperation.
Key Facts
- The U.S. Virgin Islands exported $42.7 million worth of goods and services to India in 2021.
- Exports to India account for approximately 7% of total exports from the U.S. Virgin Islands.
- The leading export categories are precious metals, machinery, and electrical equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and services exported from the U.S. Virgin Islands to India in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Tracking exports to India is important for understanding trade flows, economic relationships, and development opportunities between the U.S. Virgin Islands and India.
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 in the U.S. Virgin Islands.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials use this data to assess the health of commercial relationships and identify opportunities for increased economic cooperation between the U.S. Virgin Islands and India.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data, and the series does not capture certain types of informal or illicit trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to India from U.S. Virgin Islands (VIINDA052SCEN), retrieved from FRED.