Imports of Goods for Puerto Rico
IMPTOTPR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,541.11
Year-over-Year Change
-3.57%
Date Range
1/1/2008 - 6/1/2025
Summary
This economic trend tracks the total value of goods imported into Puerto Rico, providing insights into the island's trade and economic activity.
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 Imports of Goods for Puerto Rico metric measures the total monetary value of all merchandise imported into Puerto Rico, including consumer goods, raw materials, and capital equipment. This data is used by economists and policymakers to analyze Puerto Rico's trade balance, economic growth, and integration with global supply chains.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of importers and customs records.
Historical Context
Monitoring Puerto Rico's imports is crucial for understanding the island's economic conditions and informing policy decisions.
Key Facts
- Puerto Rico is a major importer of goods, with imports accounting for a significant portion of its GDP.
- The top import categories for Puerto Rico include machinery, vehicles, and consumer products.
- Fluctuations in Puerto Rico's imports can reflect changes in domestic demand, exchange rates, and global supply chain dynamics.
FAQs
Q: What does this economic trend measure?
A: The Imports of Goods for Puerto Rico metric tracks the total monetary value of all merchandise imported into Puerto Rico, including consumer goods, raw materials, and capital equipment.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Puerto Rico's imports is crucial for understanding the island's economic conditions, trade balance, and integration with global supply chains, which informs policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of importers and customs records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze Puerto Rico's trade dynamics, assess the impact of economic policies, and inform decisions related to trade agreements, tariffs, and infrastructure investments.
Q: Are there update delays or limitations?
A: The Imports of Goods for Puerto Rico data is typically released on a monthly basis, but there may be occasional delays or revisions due to the complexity of data collection and reporting.
Related Trends
Advance U.S. International Trade in Goods: Imports: Consumer Goods
AITGIGS
Imports of Goods: General Merchandise: Capital goods except automotive
IEAMGC
Imports of Goods: General Merchandise: Automotive vehicles, parts, and engines
IEAMGAV
Primary income payments: Investment income: Direct investment income
IEAMIDN
Secondary income (current transfer) payments
IEAMSIR
Imports of Goods: General Merchandise: Industrial supplies and materials
IEAMGI
Citation
U.S. Federal Reserve, Imports of Goods for Puerto Rico (IMPTOTPR), retrieved from FRED.