Value of Exports to Aruba from Rhode Island

RIABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

213,237.00

Year-over-Year Change

137.73%

Date Range

1/1/1992 - 1/1/2013

Summary

The 'Value of Exports to Aruba from Rhode Island' metric tracks the dollar value of goods and services exported from the U.S. state of Rhode Island to the Caribbean island nation of Aruba. This provides insight into economic activity and trade flows between the two regions.

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 series represents the nominal dollar value of exports originating in Rhode Island and destined for Aruba. It is part of the U.S. Census Bureau's state-level export data, which is used by economists and policymakers to analyze regional trade patterns and dynamics.

Methodology

The data is collected through surveys of exporting companies and customs records.

Historical Context

Trends in this metric can inform state and federal trade policies, as well as business decisions for companies operating in Rhode Island and Aruba.

Key Facts

  • Rhode Island exported $X.XX million in goods and services to Aruba in the latest year.
  • Exports to Aruba account for X.X% of total exports from Rhode Island.
  • Aruba is the Xth largest destination for exports from Rhode Island.

FAQs

Q: What does this economic trend measure?

A: This metric measures the dollar value of goods and services exported from the U.S. state of Rhode Island to the country of Aruba.

Q: Why is this trend relevant for users or analysts?

A: Tracking export flows between Rhode Island and Aruba provides insight into regional trade dynamics and economic activity between the two areas.

Q: How is this data collected or calculated?

A: The data is collected through surveys of exporting companies and customs records.

Q: How is this trend used in economic policy?

A: Trends in this metric can inform state and federal trade policies, as well as business decisions for companies operating in Rhode Island and Aruba.

Q: Are there update delays or limitations?

A: There may be lags of several months before the latest data becomes available, and the data is subject to potential revisions over time.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Aruba from Rhode Island (RIABWA052SCEN), retrieved from FRED.