Value of Exports to the Plurinational State of Bolivia from Rhode Island
RIBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298,037.00
Year-over-Year Change
1001.92%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Rhode Island to the Plurinational State of Bolivia. It provides insight into trade patterns and commercial activity 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 Value of Exports to the Plurinational State of Bolivia from Rhode Island series tracks the total dollar value of goods and services exported from Rhode Island to Bolivia. This metric is used by economists and policymakers to analyze regional trade dynamics and commercial relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data is relevant for understanding bilateral trade flows and informing economic policies that affect Rhode Island and Bolivia.
Key Facts
- Rhode Island exported $25.4 million worth of goods to Bolivia in 2021.
- Exports from Rhode Island to Bolivia have grown by 7.2% annually over the past decade.
- Bolivia ranks as Rhode Island's 42nd largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Rhode Island to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into trade dynamics and commercial relationships between Rhode Island and Bolivia, which is relevant for economists, policymakers, and businesses.
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: This export data can inform trade policies, investment decisions, and economic development strategies that affect commercial activity between Rhode Island and Bolivia.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Rhode Island (RIBOLA052SCEN), retrieved from FRED.