Value of Exports to Belize from Puerto Rico
PRBLZA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
687,738.00
Year-over-Year Change
-5.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Belize from Puerto Rico' series tracks the total dollar value of goods exported from Puerto Rico to Belize. This metric provides insight into the trade relationship and economic ties 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 series measures the dollar value of physical goods (excluding services) exported from Puerto Rico to Belize. It reflects the demand for Puerto Rican products in the Belizean market and can indicate the strength of the trade partnership between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Historical Context
Policymakers and analysts use this series to monitor Puerto Rico's export performance and trade dynamics with Belize.
Key Facts
- Puerto Rico exported $42.3 million worth of goods to Belize in 2021.
- Belize was the 23rd largest export destination for Puerto Rico in 2021.
- Exports to Belize account for less than 1% of total Puerto Rican exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of physical goods exported from Puerto Rico to Belize, providing insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding Puerto Rico's export performance and the strength of its economic ties with Belize, which can inform policymaking and business strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to monitor Puerto Rico's export dynamics and trade relationship with Belize, which can inform decisions related to economic development and international trade agreements.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Belize from Puerto Rico (PRBLZA052SCEN), retrieved from FRED.