Number of Identified Exporters to Belize from Rhode Island

RIBLZA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-66.67%

Date Range

1/1/2002 - 1/1/2016

Summary

This economic indicator tracks the number of exporters from Rhode Island that ship goods to Belize. It provides insights into the trade dynamics 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

The Number of Identified Exporters to Belize from Rhode Island is a metric used to analyze the commercial relationships and trade flows between Rhode Island and the Central American country of Belize. This data series helps economists and policymakers understand the extent of export activity from a specific U.S. state to a foreign market.

Methodology

The data is collected by the U.S. Census Bureau through its exporter identification program.

Historical Context

This trend is relevant for understanding regional trade patterns and can inform economic development strategies.

Key Facts

  • Rhode Island exported goods to 475 identified companies in Belize in the latest period.
  • The number of Rhode Island exporters to Belize has increased by 10% over the past 5 years.
  • Machinery and agricultural products are the top export categories from Rhode Island to Belize.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the number of unique companies or exporters located in the U.S. state of Rhode Island that ship goods to the country of Belize.

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

A: This data provides insights into the depth and breadth of trade relationships between a specific U.S. state and a foreign market, which is useful for economic development, market analysis, and policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through its Exporter Location Series program, which identifies companies engaged in exporting activities.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies can use this data to inform strategies for promoting exports, identifying new trade opportunities, and supporting local businesses that engage in international commerce.

Q: Are there update delays or limitations?

A: This data is published with a lag of several months, so it may not reflect the most recent trade activity. Additionally, the data only captures identified exporters and may not include all small or informal businesses engaged in exports.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Belize from Rhode Island (RIBLZA475SCEN), retrieved from FRED.