Value of Exports to Aruba from Puerto Rico
PRABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,791,411.00
Year-over-Year Change
39.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Aruba from Puerto Rico' series measures the dollar value of goods and services exported from Puerto Rico to the Caribbean island nation of Aruba. This metric is important for tracking trade flows and economic relationships between the two territories.
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 total value of merchandise and services exported from Puerto Rico to Aruba. It is used by economists and policymakers to analyze trade patterns, economic interdependence, and the commercial relationship between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Historical Context
This export data helps inform trade policy, business strategy, and economic development between Puerto Rico and Aruba.
Key Facts
- Puerto Rico is a major exporter to the Caribbean region.
- Aruba is a key trading partner for Puerto Rico's economy.
- Exports to Aruba account for a significant portion of Puerto Rico's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from Puerto Rico to the Caribbean island nation of Aruba.
Q: Why is this trend relevant for users or analysts?
A: This export data is important for understanding trade flows, economic relationships, and interdependence between Puerto Rico and Aruba.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.
Q: How is this trend used in economic policy?
A: This export data informs trade policy, business strategy, and economic development between Puerto Rico and Aruba.
Q: Are there update delays or limitations?
A: The data may have some reporting delays typical of trade statistics, but it provides a reliable measure of exports from Puerto Rico to Aruba.
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Citation
U.S. Federal Reserve, Value of Exports to Aruba from Puerto Rico (PRABWA052SCEN), retrieved from FRED.