Number of Identified Exporters to Colombia from Puerto Rico
PRCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
-32.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Puerto Rico' metric tracks the volume of trade between Puerto Rico and Colombia. This data provides insights into the economic relationship and trade flows 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 measures the number of unique companies or entities identified as exporting goods from Puerto Rico to Colombia. It serves as an indicator of the scale and activity of the trade corridor between the two locations.
Methodology
The data is collected through surveys and administrative records of trade flows.
Historical Context
This metric is used by economists and policymakers to monitor the health of the export-import relationship between Puerto Rico and Colombia.
Key Facts
- Puerto Rico is a major trading partner for Colombia.
- Exporters to Colombia account for a significant portion of Puerto Rico's overall trade activity.
- The number of identified exporters can fluctuate due to economic conditions and policy changes.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies or entities identified as exporting goods from Puerto Rico to Colombia. It provides insight into the scale and activity of trade between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is important for economists and policymakers to monitor the health of the export-import relationship between Puerto Rico and Colombia, a key trading corridor.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records of trade flows.
Q: How is this trend used in economic policy?
A: This metric is used by economists and institutions to assess the state of trade and economic integration between Puerto Rico and Colombia, informing policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations in capturing all exporting entities, but the metric provides a useful gauge of trade activity between the two regions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Puerto Rico (PRCOLA475SCEN), retrieved from FRED.