Number of Identified Exporters to Costa Rica from Puerto Rico
PRCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.00
Year-over-Year Change
11.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Costa Rica from Puerto Rico' tracks the count of companies located in Puerto Rico that export goods to Costa Rica. This metric provides insight into trade activity and economic integration 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 distinct Puerto Rican companies that have been identified as exporting products to Costa Rica in a given time period. It serves as an indicator of the commercial relationships and trade flows between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses.
Historical Context
Policymakers and economists analyze this trend to assess the strength of trade ties and economic interdependence between Puerto Rico and Costa Rica.
Key Facts
- Puerto Rico exported over $200 million in goods to Costa Rica in 2021.
- Pharmaceutical products are the top export category from Puerto Rico to Costa Rica.
- The number of identified Puerto Rican exporters to Costa Rica has grown by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of distinct companies located in Puerto Rico that have been identified as exporting goods to Costa Rica in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade ties and economic integration between the Puerto Rican and Costa Rican economies, which is useful for policymakers and economists analyzing regional economic relationships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses located in Puerto Rico.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the level of commercial activity and interdependence between Puerto Rico and Costa Rica, which can inform trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: There may be several months of lag between the reference period and the data release, and the survey methodology may not capture all exporting companies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Puerto Rico (PRCRIA475SCEN), retrieved from FRED.