Value of Exports to Netherlands from West Virginia
WVNLDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
366,344,483.00
Year-over-Year Change
164.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Netherlands from West Virginia' metric tracks the dollar value of goods and services exported from the U.S. state of West Virginia to the Netherlands. This provides insight into the trade relationship between the two economies.
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 measures the monetary value of West Virginia's exports to the Netherlands, one of the state's key trade partners. The data is useful for economists and policymakers to assess the health of West Virginia's export economy and its integration with global markets.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Historical Context
Analyzing export trends can inform decisions around economic development, trade policy, and market access for West Virginia businesses.
Key Facts
- West Virginia exported $258 million worth of goods to the Netherlands in 2021.
- Exports to the Netherlands account for 2.5% of West Virginia's total exports.
- The top West Virginia exports to the Netherlands are chemicals, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of goods and services exported from the U.S. state of West Virginia to the Netherlands.
Q: Why is this trend relevant for users or analysts?
A: Analyzing West Virginia's export data to the Netherlands provides insights into the state's trade relationships and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Q: How is this trend used in economic policy?
A: Policymakers and economic development officials can use this data to inform decisions around trade agreements, market access, and strategies to support West Virginia businesses.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Netherlands from West Virginia (WVNLDA052SCEN), retrieved from FRED.