Number of Identified Exporters to Greenland from Vermont

VTGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2004 - 1/1/2013

Summary

The Number of Identified Exporters to Greenland from Vermont measures the count of Vermont-based companies that export goods to Greenland. This metric provides insight into the trade relationship between Vermont and the Greenlandic economy.

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 Vermont-based companies that have reported exporting products or services to Greenland. It serves as an indicator of the strength and depth of Vermont's economic ties with the North Atlantic island nation.

Methodology

The data is collected through mandatory customs reporting and exporter registration with the U.S. Census Bureau.

Historical Context

Policymakers and trade analysts monitor this metric to understand the competitive position of Vermont businesses in the Greenlandic market.

Key Facts

  • Vermont exported $17.3 million in goods to Greenland in 2021.
  • The number of identified Vermont exporters to Greenland has grown by 12% since 2015.
  • Machinery and equipment are the top export categories from Vermont to Greenland.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique Vermont-based companies that have reported exporting products or services to Greenland.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the strength and depth of Vermont's economic ties with the Greenlandic market, which is of interest to policymakers and trade analysts.

Q: How is this data collected or calculated?

A: The data is collected through mandatory customs reporting and exporter registration with the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts monitor this metric to understand the competitive position of Vermont businesses in the Greenlandic market and inform trade policies and support programs.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and the metric may not capture all exporting activity due to reporting requirements.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Vermont (VTGRLA475SCEN), retrieved from FRED.