Value of Exports to Saint Vincent and the Grenadines from Puerto Rico
PRVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,236,498.00
Year-over-Year Change
77.32%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Saint Vincent and the Grenadines from Puerto Rico' measures the dollar value of goods and services exported from Puerto Rico to the Caribbean island nation of Saint Vincent and the Grenadines. This trend provides insights into trade dynamics between these 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 tracks the commercial activity and trade relationship between Puerto Rico and Saint Vincent and the Grenadines. The data can inform policymakers and businesses about market opportunities, supply chain linkages, and the relative importance of this trade corridor.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Historical Context
Analysts and policymakers use this metric to assess the broader trade patterns and economic interdependence between Puerto Rico and its Caribbean neighbors.
Key Facts
- Puerto Rico is a U.S. territory located in the Caribbean Sea.
- Saint Vincent and the Grenadines is an island country in the Lesser Antilles.
- Exports from Puerto Rico to Saint Vincent and the Grenadines totaled $5.8 million in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from Puerto Rico to Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic interdependence between Puerto Rico and one of its Caribbean trading partners, which is useful for policymakers, businesses, and researchers.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Puerto Rican exporters.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess broader regional trade patterns and the economic integration of Puerto Rico with its Caribbean neighbors.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Saint Vincent and the Grenadines from Puerto Rico (PRVCTA052SCEN), retrieved from FRED.