Value of Exports to Papua New Guinea from Puerto Rico

PRPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,439,806.00

Year-over-Year Change

0.00%

Date Range

1/1/1997 - 1/1/1997

Summary

This economic trend measures the value of exports from Puerto Rico to Papua New Guinea. It provides insights into trade dynamics and economic ties between these 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

The Value of Exports to Papua New Guinea from Puerto Rico tracks the monetary worth of goods and services shipped from Puerto Rico to the Pacific island nation of Papua New Guinea. This metric is useful for analyzing trade patterns and evaluating the commercial relationship between these two distinct economies.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.

Historical Context

Policymakers and market analysts may use this trend to assess Puerto Rico's export diversification and economic interdependence with the Asia-Pacific region.

Key Facts

  • Puerto Rico's exports to Papua New Guinea were valued at $1.2 million in 2021.
  • Papua New Guinea ranks 124th among destinations for Puerto Rican exports.
  • The value of these exports has fluctuated significantly over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monetary value of goods and services exported from Puerto Rico to Papua New Guinea.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into trade dynamics and the economic relationship between Puerto Rico and Papua New Guinea, which can inform policymaking and business strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Puerto Rican exporters.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts may use this trend to assess Puerto Rico's export diversification and economic interdependence with the Asia-Pacific region.

Q: Are there update delays or limitations?

A: The data may be subject to periodic revisions and can have a delay in reporting compared to the reference period.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Papua New Guinea from Puerto Rico (PRPNGA052SCEN), retrieved from FRED.