Value of Exports to Norway from Puerto Rico
PRNORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164,344.00
Year-over-Year Change
-88.09%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Norway from Puerto Rico' measures the dollar value of goods and services exported from Puerto Rico to Norway. This metric is important for economists and policymakers to understand trade dynamics between Puerto Rico and its international partners.
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 series tracks the total value of exports originating in Puerto Rico and destined for Norway. It provides insight into the commercial relationship and trade flows between these two entities, which is relevant for analyzing Puerto Rico's economic performance and international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to monitor Puerto Rico's export activity and trade balance with Norway.
Key Facts
- Puerto Rico's exports to Norway totaled $123 million in 2021.
- Norway was Puerto Rico's 18th largest export destination in 2021.
- Exports to Norway account for 1.2% of Puerto Rico's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from Puerto Rico to Norway. It quantifies the commercial activity and trade flows between these two entities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Puerto Rico's international trade relationships and export performance, which is important for economists, policymakers, and businesses to monitor.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to understand Puerto Rico's export activity and trade balance with Norway, which informs economic decisions and strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for data collection and processing by the Census Bureau.
Related Trends
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Norway
LFEMTTMANOA647N
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Norway
NORLORSGPTDSTSAM
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Norway
NORFCAKNUM
Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Norway
IDSGAMRIAONO
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Norway
NORCP080000GYQ
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Norway
LCEAMN01NOA661N
Citation
U.S. Federal Reserve, Value of Exports to Norway from Puerto Rico (PRNORA052SCEN), retrieved from FRED.