Number of Identified Exporters to Andorra from Puerto Rico
PRANDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2004
Summary
The 'Number of Identified Exporters to Andorra from Puerto Rico' tracks the count of Puerto Rican businesses that export goods to the European country of Andorra. This measure 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 data series represents the total number of exporters located in Puerto Rico that ship goods to Andorra. It is an important indicator of the commercial activity and economic ties between these two jurisdictions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses and exporters.
Historical Context
Policymakers and trade analysts use this metric to assess the health of Puerto Rico's export sector and its evolving commercial relationship with Andorra.
Key Facts
- Andorra is a small European country located between France and Spain.
- Puerto Rico is a U.S. territory in the Caribbean Sea.
- Exports to Andorra account for less than 1% of total Puerto Rican exports.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in Puerto Rico that export goods to the country of Andorra.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Puerto Rico and Andorra, which is useful for policymakers and economists studying regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses and exporters.
Q: How is this trend used in economic policy?
A: Analysts and policymakers can use this data to assess the health of Puerto Rico's export sector and its evolving commercial ties with Andorra, which informs trade and economic development policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all exporters, as the data relies on survey responses from businesses.
Related Trends
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Number of Identified Exporters to Andorra from Michigan
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Andorra from Puerto Rico (PRANDA475SCEN), retrieved from FRED.