Value of Exports to Dominican Republic from West Virginia
WVDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,098,155.00
Year-over-Year Change
-32.70%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of West Virginia to the Dominican Republic. It provides insights into West Virginia's trade relationship with this Caribbean nation.
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
The Value of Exports to Dominican Republic from West Virginia is an important indicator for understanding the economic connections between West Virginia and the Dominican Republic. It can help policymakers and analysts assess the strength of this trade partnership.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding regional trade dynamics and informing economic policies.
Key Facts
- West Virginia exported $72.7 million worth of goods to the Dominican Republic in 2021.
- The top export categories were machinery, chemicals, and transportation equipment.
- The Dominican Republic was West Virginia's 32nd largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of exports from the U.S. state of West Virginia to the Dominican Republic, providing insights into their trade relationship.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding regional trade dynamics and informing economic policies that affect West Virginia's exports to the Dominican Republic.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can help policymakers and analysts assess the strength of the trade partnership between West Virginia and the Dominican Republic, informing policies that affect regional economic relationships.
Q: Are there update delays or limitations?
A: The data is typically updated monthly by the U.S. Census Bureau, with a slight delay in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from West Virginia (WVDOMA052SCEN), retrieved from FRED.