Number of Identified Exporters to Brunei Darussalam from Rhode Island
RIBRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2010
Summary
This economic trend measures the number of identified exporters from the U.S. state of Rhode Island to the country of Brunei Darussalam. This metric is important for understanding trade patterns and economic relationships between 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 Brunei Darussalam from Rhode Island tracks the count of unique businesses based in Rhode Island that export goods or services to the Southeast Asian nation of Brunei. This data provides insights into the commercial ties and trade flows between the two economic entities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is valuable for economists, policymakers, and market analysts studying international trade dynamics.
Key Facts
- Rhode Island exported goods and services worth $4.6 billion in 2021.
- Brunei Darussalam imported $1.4 billion in goods from the United States in 2022.
- The number of Rhode Island exporters to Brunei peaked at 24 in 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or exporters located in the U.S. state of Rhode Island that sell goods or services to the country of Brunei Darussalam.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and commercial ties between Rhode Island and Brunei, which is valuable for economists, policymakers, and businesses studying international markets.
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: Trends in the number of exporters can inform trade policies, investment decisions, and economic development strategies between Rhode Island and Brunei.
Q: Are there update delays or limitations?
A: The data is subject to update lags and may not capture all exporters, as it relies on business surveys and customs reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brunei Darussalam from Rhode Island (RIBRNA475SCEN), retrieved from FRED.