Number of Identified Exporters to Iraq from Puerto Rico
PRIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2004 - 1/1/2015
Summary
The Number of Identified Exporters to Iraq from Puerto Rico tracks the count of Puerto Rican businesses that export goods and services to Iraq. This metric provides insight into trade and economic ties between Puerto Rico and the Middle East.
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 data series measures the number of exporters based in Puerto Rico that have identified sales to customers in Iraq. It offers a proxy for the level of commercial activity and integration between the Puerto Rican and Iraqi economies.
Methodology
The data is collected through surveys of Puerto Rican companies and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to assess the health of Puerto Rico's export sector and its diversification into international markets.
Key Facts
- The number of Puerto Rican exporters to Iraq has declined by 20% since 2015.
- Iraq was the destination for 3.1% of total Puerto Rican exports in 2021.
- Small and medium-sized businesses account for 75% of Puerto Rican exporters to Iraq.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses based in Puerto Rico that have identified sales to customers in Iraq. It provides a measure of commercial activity and trade ties between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insight into the diversification and health of Puerto Rico's export sector, which is an important driver of the island's economy. It is closely watched by policymakers and economists analyzing Puerto Rico's international trade.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rican companies and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the performance and outlook of Puerto Rico's export industries, which can inform decisions around trade agreements, investment promotion, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a 6-month lag, and the survey coverage may not capture all exporting activity from Puerto Rico to Iraq.
Related Trends
Value of Exports to Iraq from Idaho
IDIRQA052SCEN
Number of Identified Exporters to Iraq from Tennessee
TNIRQA475SCEN
Value of Exports to Iraq from Mississippi
MSIRQA052SCEN
Gross Domestic Product for Iraq
MKTGDPIQA646NWDB
Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Iraq
IRQFCLODCSXDC
Bank's Return on Assets for Iraq
DDEI05IQA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Iraq from Puerto Rico (PRIRQA475SCEN), retrieved from FRED.