Number of Identified Exporters to Hong Kong from Puerto Rico
PRHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.00
Year-over-Year Change
-28.07%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Puerto Rico' tracks the count of Puerto Rican businesses that export goods to Hong Kong. This metric provides insight into the trade relationship between Puerto Rico and a major global market.
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 measures the number of exporters in Puerto Rico that are shipping goods to Hong Kong, a major international trade hub. The data can be used to analyze trends in Puerto Rico's export activity and its economic integration with the Hong Kong market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses.
Historical Context
Policymakers and economists monitor this trend to assess the health of Puerto Rico's export sector and its engagement with key foreign markets.
Key Facts
- Puerto Rico exported $1.9 billion worth of goods to Hong Kong in 2020.
- The number of identified Puerto Rican exporters to Hong Kong has declined by 20% since 2015.
- Hong Kong was Puerto Rico's 4th largest export market in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses in Puerto Rico that are actively exporting goods to Hong Kong, a major international trade hub.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the number of Puerto Rican exporters to Hong Kong provides insight into the health and dynamics of Puerto Rico's export sector and its economic integration with a key global market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the performance of Puerto Rico's export industry and inform policies that aim to promote international trade and economic development.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in the most recent figures.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for China, P.R.: Hong Kong
HKGFCSODCXDC
Number of Identified Exporters to Hong Kong from U.S. Virgin Islands
VIHKGA475SCEN
Number of Identified Exporters to Hong Kong from Delaware
DEHKGA475SCEN
Value of Exports to Hong Kong from North Dakota
NDHKGA052SCEN
Number of Identified Exporters to Hong Kong from Connecticut
CTHKGA475SCEN
Value of Exports to Hong Kong from Ohio
OHHKGA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Puerto Rico (PRHKGA475SCEN), retrieved from FRED.