Number of Identified Exporters to Germany from West Virginia
WVDEUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.00
Year-over-Year Change
25.32%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Germany from West Virginia' series tracks the count of businesses in West Virginia that export goods to Germany. This metric provides insight into the trade relationship between the state and a major global 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 data series represents the number of unique companies headquartered in West Virginia that have been identified as exporting products or services to Germany. It is a key indicator of the export activity and commercial ties between the state and the German market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess West Virginia's export competitiveness and the state's overall trade engagement with the Eurozone.
Key Facts
- West Virginia exported $1.1 billion in goods to Germany in 2021.
- The number of identified West Virginia exporters to Germany has increased by 12% since 2015.
- Germany is West Virginia's 5th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses headquartered in West Virginia that have been identified as exporting products or services to Germany.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between West Virginia and the German market, which is a key indicator of the state's export competitiveness and overall trade engagement.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess West Virginia's export activity and the state's commercial ties with the Eurozone.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the number of identified exporters may not capture all trade activity between West Virginia and Germany.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Germany from West Virginia (WVDEUA475SCEN), retrieved from FRED.