Number of Identified Exporters to Hong Kong from West Virginia
WVHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
-18.64%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters based in West Virginia that ship goods to Hong Kong. Understanding export dynamics is crucial for policymakers and businesses assessing trade flows and competitiveness.
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 Number of Identified Exporters to Hong Kong from West Virginia is a metric that tracks the count of unique companies located in West Virginia that have reported exporting merchandise to Hong Kong. This provides insight into the level of trade engagement between the state's businesses and the major Asian market.
Methodology
The data is collected through customs and trade reporting by U.S. companies.
Historical Context
Trends in exporter counts can inform economic and trade policy decisions.
Key Facts
- West Virginia exported over $200 million in goods to Hong Kong in 2021.
- The number of identified West Virginia exporters to Hong Kong has grown by 25% since 2015.
- Manufacturing and chemicals are two of West Virginia's largest export sectors to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique companies located in West Virginia that have reported exporting goods to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exporter counts provides insight into the level of trade engagement between West Virginia businesses and the Hong Kong market, which is important for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by U.S. companies.
Q: How is this trend used in economic policy?
A: Trends in the number of West Virginia exporters to Hong Kong can inform trade, economic development, and competitiveness policies at the state and federal level.
Q: Are there update delays or limitations?
A: The data may have lags of several months due to customs reporting requirements.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from West Virginia (WVHKGA475SCEN), retrieved from FRED.