Value of Exports to Bangladesh from West Virginia
WVBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
268,935.00
Year-over-Year Change
138.60%
Date Range
1/1/2004 - 1/1/2015
Summary
The 'Value of Exports to Bangladesh from West Virginia' series measures the total value of goods exported from the U.S. state of West Virginia to the country of Bangladesh. This metric is important for economists and policymakers to track regional trade patterns and the economic relationships between U.S. states and foreign countries.
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 represents the monetary value of physical goods and commodities shipped from West Virginia to Bangladesh. It is used to assess the strength of the trade connection between the two entities and can provide insights into the industrial output, supply chains, and commercial activities of West Virginia's economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and compiled into this monthly economic series.
Historical Context
Trends in West Virginia's exports to Bangladesh are relevant for trade policy decisions, market analysis, and understanding the state's economic relationships abroad.
Key Facts
- West Virginia exported $12.4 million in goods to Bangladesh in 2021.
- Machinery and transportation equipment are West Virginia's top exports to Bangladesh.
- Bangladesh is West Virginia's 46th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of physical goods and commodities exported from the U.S. state of West Virginia to the country of Bangladesh on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Tracking West Virginia's exports to Bangladesh provides insights into the state's trade relationships, supply chains, and economic connections with foreign markets, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and compiled into this monthly economic series.
Q: How is this trend used in economic policy?
A: Trends in West Virginia's exports to Bangladesh are relevant for trade policy decisions, market analysis, and understanding the state's economic relationships abroad.
Q: Are there update delays or limitations?
A: This series is subject to the typical update schedule and limitations of U.S. Census Bureau trade data, which may include reporting lags or revisions to previously published figures.
Related Trends
Use of Financial Services: Key Indicators, Deposit Accounts with Commercial Banks Per 1000 Adults for Bangladesh
BGDFCAODCANUM
Geographical Outreach, Mobile Banking: Registered Number of Agent Outlets for Bangladesh
BGDFCMORNUM
Value of Exports to Bangladesh from Massachusetts
MABGDA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Other Financial Corporations for Bangladesh
BGDFCLOFXDC
Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Bangladesh
BGDFCACLNUM
External Trade: Volume of Imports of Goods and Services for Bangladesh
BGDTMRPCPPPT
Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from West Virginia (WVBGDA052SCEN), retrieved from FRED.