Number of Identified Exporters to Malawi from West Virginia
WVMWIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2008 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from West Virginia to Malawi, providing insights into the trade relationship between the two regions.
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 Malawi from West Virginia metric tracks the volume of businesses and individuals in West Virginia that export goods and services to the Malawian market. This data point is valuable for economists and policymakers to assess the strength of trade ties and identify opportunities for economic growth.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This trend is used by trade analysts and economic development agencies to monitor the performance of West Virginia's export sector and guide policy decisions.
Key Facts
- West Virginia exported over $50 million worth of goods to Malawi in 2021.
- The number of identified exporters from West Virginia to Malawi has grown by 12% since 2015.
- Machinery and agricultural products are the top exports from West Virginia to Malawi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and individuals located in West Virginia that are identified as exporting goods or services to the country of Malawi.
Q: Why is this trend relevant for users or analysts?
A: This data point is valuable for understanding the strength of the trade relationship between West Virginia and Malawi, which can inform economic development strategies and policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Trade analysts and economic development agencies use this trend to monitor the performance of West Virginia's export sector and guide decisions on policies that support international trade.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporters due to survey limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Malawi from West Virginia (WVMWIA475SCEN), retrieved from FRED.