Value of Exports to Philippines from Puerto Rico
PRPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,933,865.00
Year-over-Year Change
-59.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Puerto Rico' series measures the total value of goods and services exported from Puerto Rico to the Philippines. This metric is important for understanding trade dynamics and economic relationships 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 represents the monetary value of all products and services exported from Puerto Rico to the Philippines. It is a key indicator of the trade and commercial activity between the two economies, and is used by economists and policymakers to analyze trade flows and commercial partnerships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in this series are monitored by trade officials, economists, and international business analysts to assess the commercial relationship between Puerto Rico and the Philippines.
Key Facts
- Puerto Rico exports primarily pharmaceuticals, medical equipment, and electronics to the Philippines.
- Exports from Puerto Rico to the Philippines have grown by over 25% in the past decade.
- The Philippines is one of Puerto Rico's top 10 trading partners in the Asia-Pacific region.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from Puerto Rico to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding trade dynamics and commercial relationships between the two economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Trends in this series are monitored by trade officials, economists, and international business analysts to assess the commercial relationship between Puerto Rico and the Philippines.
Q: Are there update delays or limitations?
A: The data is published regularly with some delays due to collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Puerto Rico (PRPHLA052SCEN), retrieved from FRED.