Value of Exports to Portugal from West Virginia
WVPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,801,477.00
Year-over-Year Change
63.71%
Date Range
1/1/2002 - 1/1/2017
Summary
The Value of Exports to Portugal from West Virginia measures the total dollar value of goods and services exported from West Virginia to Portugal. This metric is important for understanding West Virginia's international trade dynamics and its economic relationships with key foreign markets.
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 Portugal from West Virginia represents the monetary value of all products and services shipped from businesses in West Virginia to consumers and enterprises in Portugal. This data point is used by economists and policymakers to gauge the strength of West Virginia's export sector and its integration with the Portuguese economy.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Historical Context
Trends in West Virginia's exports to Portugal can signal changes in trade policy, exchange rates, consumer demand, and other macroeconomic factors affecting bilateral commerce.
Key Facts
- West Virginia's top exports to Portugal include machinery, chemicals, and transportation equipment.
- Portugal is one of West Virginia's smaller but steadily growing international trade partners.
- Export values to Portugal have increased by over 25% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Portugal from West Virginia measures the total dollar value of goods and services exported from businesses in West Virginia to consumers and enterprises in Portugal.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding West Virginia's international trade dynamics and its economic relationships with key foreign markets like Portugal.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in West Virginia's exports to Portugal can signal changes in trade policy, exchange rates, consumer demand, and other macroeconomic factors affecting bilateral commerce.
Q: Are there update delays or limitations?
A: The data is subject to the collection and reporting timelines of the U.S. Census Bureau.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for Portugal
LFEM25FEPTA657S
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Portugal
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Portugal
PRTCP040300GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal
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Nominal Total Credit to General Government, Adjusted for Breaks, for Portugal
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Production: Construction: Total for Portugal
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from West Virginia (WVPRTA052SCEN), retrieved from FRED.