Value of Exports to Singapore from West Virginia
WVSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,340,333.00
Year-over-Year Change
96.30%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from West Virginia' series measures the dollar value of goods and services exported from the U.S. state of West Virginia to the country of Singapore. This metric is important for understanding West Virginia's international trade dynamics 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
This data series, part of the U.S. Census Bureau's state exports program, tracks the total monetary value of merchandise and services shipped from West Virginia to end users in Singapore. It provides insight into the economic relationship between the two regions and can inform policymakers and businesses about trade patterns.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this series to analyze West Virginia's export performance and competitiveness in the global marketplace.
Key Facts
- West Virginia exported $305 million in goods and services to Singapore in 2021.
- Singapore was West Virginia's 12th largest export destination in 2021.
- Chemicals and transportation equipment are top West Virginia exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of goods and services exported from the U.S. state of West Virginia to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into West Virginia's international trade relationships and competitiveness, which is useful for policymakers, businesses, and economists analyzing state-level export performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to understand West Virginia's export performance and competitiveness in the global marketplace, which can inform trade, economic development, and investment decisions.
Q: Are there update delays or limitations?
A: There may be a several month delay in data availability due to the time required for collection and compilation by the Census Bureau.
Related Trends
Exchange Rate Adjusted Changes of Domestic Debt Securities for All Issuers, Residence of Issuer in Singapore
DSAMRIAOAERSG
Value of Exports to Singapore from Oklahoma
OKSGPA052SCEN
Private Credit by Deposit Money Banks to GDP for Singapore
DDDI01SGA156NWDB
Gross Portfolio Equity Liabilities to GDP for Singapore
DDDM08SGA156NWDB
Outstanding International Private Debt Securities to GDP for Singapore
DDDM05SGA156NWDB
Deposit Money Bank Assets to GDP for Singapore
DDDI02SGA156NWDB
Citation
U.S. Census Bureau, Value of Exports to Singapore from West Virginia (WVSGPA052SCEN), retrieved from FRED.