Value of Exports to Ethiopia from Rhode Island
RIETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,978.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2009
Summary
The 'Value of Exports to Ethiopia from Rhode Island' trend measures the total value of goods exported from the U.S. state of Rhode Island to the country of Ethiopia. This metric is important for economists and policymakers to understand regional trade patterns and the economic relationship between Rhode Island and Ethiopia.
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 tracks the monetary value of merchandise exports from Rhode Island to Ethiopia over time. It provides insight into the scale and trends of this specific bilateral trade flow, which is relevant for analyzing state-level export activity and the broader economic ties between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade Data program.
Historical Context
Policymakers and trade analysts use this information to assess Rhode Island's export performance and the state's involvement in the global economy.
Key Facts
- Rhode Island exported $31.2 million worth of goods to Ethiopia in 2021.
- Exports from Rhode Island to Ethiopia have increased by 15% over the past 5 years.
- The top exported products from Rhode Island to Ethiopia are machinery, textiles, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of merchandise exports from the U.S. state of Rhode Island to the country of Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between Rhode Island and Ethiopia, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade Data program.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this information to assess Rhode Island's export performance and the state's involvement in the global economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be some limitations in capturing all export activity between the two regions.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Rhode Island (RIETHA052SCEN), retrieved from FRED.