Value of Exports to Netherlands from Rhode Island
RINLDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,753,572.00
Year-over-Year Change
-5.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Netherlands from Rhode Island' metric tracks the total value of goods exported from Rhode Island to the Netherlands. This data provides insights into the trade relationship between Rhode Island and a key European trading partner.
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 represents the dollar value of all products and commodities exported from the state of Rhode Island to the Netherlands. The data is used by economists and policymakers to analyze trends in Rhode Island's international trade and the strength of its commercial ties with Europe.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade in Goods and Services program.
Historical Context
This metric is relevant for understanding Rhode Island's export-driven economic activity and the state's engagement in global trade networks.
Key Facts
- Rhode Island exported over $250 million in goods to the Netherlands in 2021.
- The Netherlands is Rhode Island's 5th largest export destination globally.
- Machinery and equipment are top export categories from Rhode Island to the Netherlands.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of all products and commodities exported from the state of Rhode Island to the Netherlands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Rhode Island and a key European trading partner, which is useful for economists and policymakers analyzing the state's international commerce.
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 in Goods and Services program.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding Rhode Island's export-driven economic activity and the state's engagement in global trade networks, which informs economic development and trade policy decisions.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the availability of the latest data due to the Census Bureau's reporting timeline.
Related Trends
Residence Adjustment in Rhode Island
RIEADJ
Real Gross Domestic Product: Private Industries in Rhode Island
RIPIRQGSP
Number of Identified Exporters to Israel from Rhode Island
RIISRA475SCEN
Housing Inventory: Average Listing Price in Rhode Island
AVELISPRIRI
All Employees: Government: State Government in Rhode Island
SMS44000009092000001
Other Labor Income in Rhode Island
RIOOTH
Citation
U.S. Federal Reserve, Value of Exports to Netherlands from Rhode Island (RINLDA052SCEN), retrieved from FRED.