Value of Exports to Russia from Vermont
VTRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,708,634.00
Year-over-Year Change
-73.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Vermont' trend measures the dollar value of goods and services exported from the U.S. state of Vermont to Russia. This metric is important for understanding Vermont's trade relationship with Russia and the potential economic impacts of changes in that relationship.
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 total value of merchandise and services exports from Vermont to Russia. It is used by economists, policymakers, and businesses to assess Vermont's export activity and its role in the broader U.S.-Russia trade dynamic.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Trends in Vermont's exports to Russia can provide insights into the state's overall trade competitiveness and the effects of economic and geopolitical factors on its commercial ties.
Key Facts
- Vermont exported $31.2 million worth of goods and services to Russia in 2021.
- Exports to Russia account for less than 1% of Vermont's total international trade.
- Vermont's top exports to Russia include machinery, agricultural products, and computer equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Russia from Vermont' trend measures the total dollar value of goods and services exported from the U.S. state of Vermont to Russia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Vermont's trade relationship with Russia and the potential economic impacts of changes in that relationship, such as from geopolitical factors or trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Trends in Vermont's exports to Russia can provide insights into the state's overall trade competitiveness and the effects of economic and geopolitical factors on its commercial ties, which is relevant for policymakers, businesses, and economists.
Q: Are there update delays or limitations?
A: The data may have a several-month lag due to the time required for data collection and reporting by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Vermont (VTRUSA052SCEN), retrieved from FRED.