Value of Exports to Portugal from Rhode Island
RIPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,057,113.00
Year-over-Year Change
-11.29%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Portugal from Rhode Island' series measures the dollar value of goods exported from the U.S. state of Rhode Island to Portugal. This metric provides insight into the trade relationship between the two economies.
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 economic indicator tracks the volume of exports, a key component of international trade and economic activity. Analyzing trends in Rhode Island's exports to Portugal can help economists and policymakers understand the dynamics of the state's trade balance and its broader commercial ties.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to assess Rhode Island's export performance and the state's economic integration with the Portuguese market.
Key Facts
- Rhode Island's exports to Portugal were valued at $XX million in the most recent year.
- Portugal ranks Xth among Rhode Island's top export destinations.
- The value of Rhode Island's exports to Portugal has [increased/decreased] by X% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the dollar value of goods exported from the U.S. state of Rhode Island to Portugal, providing insight into the trade relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in Rhode Island's exports to Portugal can help economists and policymakers understand the state's trade balance and economic integration with the Portuguese market.
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: Policymakers and market analysts use this series to assess Rhode Island's export performance and the state's economic ties with the Portuguese market.
Q: Are there update delays or limitations?
A: The data is published with a [X]-month delay, and may not capture all export transactions due to reporting requirements.
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from Rhode Island (RIPRTA052SCEN), retrieved from FRED.