Exports of Goods for Rhode Island
EXPTOTRI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
358.29
Year-over-Year Change
57.66%
Date Range
8/1/1995 - 6/1/2025
Summary
The 'Exports of Goods for Rhode Island' trend measures the total value of goods exported from the state of Rhode Island. This metric is an important indicator of the state's economic health and trade activity.
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 data series represents the total dollar value of goods exported from Rhode Island to international markets. It is a key measure of the state's participation in global trade and the competitiveness of its industries in foreign markets.
Methodology
The data is collected and published by the U.S. Census Bureau through its U.S. International Trade in Goods and Services report.
Historical Context
Policymakers and economists closely monitor state-level exports to assess regional economic performance and guide trade and investment strategies.
Key Facts
- Rhode Island's total goods exports were valued at $2.3 billion in 2021.
- Machinery, plastics, and precious metals are among Rhode Island's top export products.
- Export growth has been a key driver of Rhode Island's economic recovery since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods exported from the state of Rhode Island to international markets.
Q: Why is this trend relevant for users or analysts?
A: State-level export data is a crucial indicator of regional economic performance and trade competitiveness, informing policymakers and business leaders.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its U.S. International Trade in Goods and Services report.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor state exports to assess regional trade activity and guide policies related to economic development, trade, and investment.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay before the latest figures are released.
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Citation
U.S. Federal Reserve, Exports of Goods for Rhode Island (EXPTOTRI), retrieved from FRED.