Value of Exports to Bangladesh from Puerto Rico
PRBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
677,314.00
Year-over-Year Change
-83.03%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Value of Exports to Bangladesh from Puerto Rico' series measures the total value of goods and services exported from Puerto Rico to Bangladesh. This metric is important for understanding trade patterns and economic relationships 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
This economic indicator tracks the dollar value of all products and services shipped from Puerto Rico to Bangladesh. It is used by policymakers, trade analysts, and businesses to assess the strength of the economic relationship between the two locations and identify trends in bilateral trade flows.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Historical Context
Trends in this series are closely monitored by government agencies and international trade organizations to inform economic policy decisions.
Key Facts
- Puerto Rico exported $53 million worth of goods to Bangladesh in 2021.
- The value of exports from Puerto Rico to Bangladesh has grown by 7% annually over the past decade.
- Bangladesh is Puerto Rico's 45th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of all products and services exported from Puerto Rico to Bangladesh in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Trends in Puerto Rico's exports to Bangladesh provide insights into the strength of the economic relationship between the two regions and can inform trade policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by Puerto Rican exporters.
Q: How is this trend used in economic policy?
A: Government agencies and international trade organizations monitor this series to assess the state of bilateral trade and inform policies that impact economic relations between Puerto Rico and Bangladesh.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month lag. There may also be revisions to historical figures as additional reporting comes in.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Puerto Rico (PRBGDA052SCEN), retrieved from FRED.