Value of Exports to United Arab Emirates from Puerto Rico
PRAREA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,545,130.00
Year-over-Year Change
72.64%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to United Arab Emirates from Puerto Rico' trend measures the total dollar value of exports from Puerto Rico to the United Arab Emirates. This data provides insights into the trade relationship between Puerto Rico and the UAE.
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 value of goods and services exported from Puerto Rico to the United Arab Emirates. It is an important measure of the economic ties and trade flows between the two regions, and can be used to assess changes in the bilateral commercial relationship over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and other sources.
Historical Context
Policymakers and economists use this trend to analyze trade patterns and the economic interdependence between Puerto Rico and the UAE.
Key Facts
- Puerto Rico exported over $100 million worth of goods to the UAE in 2021.
- The UAE is one of Puerto Rico's top export destinations in the Middle East region.
- Exports from Puerto Rico to the UAE have grown by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports from Puerto Rico to the United Arab Emirates. It provides insights into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the economic ties and trade flows between Puerto Rico and the UAE. It can be used by policymakers, economists, and businesses to analyze changes in the bilateral commercial relationship over time.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze trade patterns and the economic interdependence between Puerto Rico and the UAE. It informs decisions related to trade agreements, market access, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, so the most recent figures may not reflect the current state of trade between Puerto Rico and the UAE.
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Citation
U.S. Federal Reserve, Value of Exports to United Arab Emirates from Puerto Rico (PRAREA052SCEN), retrieved from FRED.