Value of Exports to the Plurinational State of Bolivia from Puerto Rico
PRBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
395,073.00
Year-over-Year Change
-37.66%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to the Plurinational State of Bolivia from Puerto Rico' metric measures the total dollar value of goods and services exported from Puerto Rico to Bolivia. This data provides insights into trade dynamics between the two economies.
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 represents the commercial exchange of products and services between Puerto Rico and Bolivia. The trend is used by trade analysts, policymakers, and businesses to assess the strength of economic ties and identify opportunities for expansion or diversification.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Historical Context
Monitoring this trade flow is relevant for understanding regional economic integration and the impacts of trade policies.
Key Facts
- Puerto Rico's exports to Bolivia totaled $24.3 million in 2021.
- Top exported products include machinery, pharmaceuticals, and electronics.
- Trade between Puerto Rico and Bolivia has grown by 8% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from Puerto Rico to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: Tracking this trade flow provides insights into the economic relationship between Puerto Rico and Bolivia, which is relevant for businesses, policymakers, and regional economic analysts.
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: This metric is used by policymakers and trade analysts to monitor regional economic integration and the impacts of trade policies between Puerto Rico and Bolivia.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month delay. The metric may not capture all informal or unrecorded trade activity between the two economies.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Puerto Rico (PRBOLA052SCEN), retrieved from FRED.