Number of Identified Exporters to Benin from Puerto Rico
PRBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2012
Summary
The Number of Identified Exporters to Benin from Puerto Rico measures the volume of trade and economic activity between the two regions.
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 tracks the number of companies or individuals in Puerto Rico that export goods or services to Benin, a West African nation. It provides insight into the commercial and economic ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses.
Historical Context
This trend is used by economists and policymakers to analyze trade patterns and identify opportunities for economic development.
Key Facts
- Puerto Rico has historically maintained trade ties with West Africa.
- Benin is an important market for Puerto Rican exporters.
- The number of identified exporters is a proxy for overall trade volume.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies or individuals in Puerto Rico that export goods or services to Benin, providing insight into the commercial relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding trade patterns, identifying economic opportunities, and analyzing the strength of commercial ties between Puerto Rico and Benin.
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.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze trade flows, inform economic development strategies, and identify areas for potential growth in commercial activity between Puerto Rico and Benin.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau, and there could be limitations in capturing all exporting activity due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from Puerto Rico (PRBENA475SCEN), retrieved from FRED.