Value of Exports to Fiji from Rhode Island
RIFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,671.00
Year-over-Year Change
-59.96%
Date Range
1/1/1997 - 1/1/2016
Summary
The Value of Exports to Fiji from Rhode Island measures the total dollar value of goods and services exported from Rhode Island to the South Pacific island nation of Fiji. This data point is a key indicator of trade flows and economic ties 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 tracks the monetary value of all products and services shipped from Rhode Island to Fiji over a given time period. It is used by economists, policymakers, and trade analysts to assess the strength of commercial relationships and identify trends in regional trade patterns.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Historical Context
Monitoring the Value of Exports to Fiji from Rhode Island provides insight into the broader economic and geopolitical dynamics between the United States and the Pacific Islands.
Key Facts
- Fiji is one of Rhode Island's top 50 export destinations.
- Exports to Fiji account for less than 0.1% of total Rhode Island exports.
- The value of exports has fluctuated between $1-5 million annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of goods and services exported from the U.S. state of Rhode Island to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: Monitoring trade flows between Rhode Island and Fiji provides insight into the broader economic relationship between the United States and the Pacific Island region.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to assess the strength of commercial ties and identify trends in regional trade patterns between the U.S. and the Pacific Islands.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several weeks.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Rhode Island (RIFJIA052SCEN), retrieved from FRED.