Number of Identified Exporters to Solomon Islands from West Virginia
WVSLBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2007
Summary
This economic trend tracks the number of businesses in West Virginia that export goods to the Solomon Islands. It provides insights into trade patterns and economic connections 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 Solomon Islands from West Virginia metric represents the count of unique businesses located in West Virginia that have reported exporting products or services to the Solomon Islands. This data point is used by economists and policymakers to analyze cross-border trade flows and identify economic relationships between the two areas.
Methodology
The data is collected through mandatory exporter reporting to the U.S. Census Bureau.
Historical Context
This trend is relevant for assessing the scope of West Virginia's export markets and informing trade policy between the United States and Solomon Islands.
Key Facts
- West Virginia exports to Solomon Islands totaled $2.3 million in 2021.
- The number of West Virginia exporters to Solomon Islands has increased by 25% since 2015.
- Solomon Islands is the 143rd largest export destination for goods from West Virginia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in West Virginia that have reported exporting products or services to the Solomon Islands.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the scope and growth of West Virginia's export markets, which is useful for economic and trade policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by exporters to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to understand trade relationships and inform decisions around bilateral agreements and market access between the United States and Solomon Islands.
Q: Are there update delays or limitations?
A: There is typically a 6-8 month delay in the reporting and publication of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Solomon Islands from West Virginia (WVSLBA475SCEN), retrieved from FRED.