Number of Identified Exporters to Saudi Arabia from Puerto Rico
PRSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-31.58%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of identified exporters to Saudi Arabia from Puerto Rico. It provides insight into trade dynamics and economic activity between these 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 Number of Identified Exporters to Saudi Arabia from Puerto Rico tracks the count of businesses and individuals shipping goods from Puerto Rico to Saudi Arabia. This metric offers a window into the commercial relationships and trade flows between the two locations.
Methodology
The data is collected through customs and international trade reporting.
Historical Context
This trend is relevant for analyzing Puerto Rico's export markets and economic performance.
Key Facts
- Puerto Rico exported over $250 million in goods to Saudi Arabia in 2020.
- The number of identified exporters from Puerto Rico to Saudi Arabia declined by 12% from 2019 to 2020.
- Pharmaceuticals and medical devices are major export categories from Puerto Rico to Saudi Arabia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and individuals identified as exporting goods from Puerto Rico to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade dynamics and commercial relationships between Puerto Rico and Saudi Arabia, which is valuable for understanding regional economic performance and trade flows.
Q: How is this data collected or calculated?
A: The data is collected through customs and international trade reporting.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and economists about Puerto Rico's export markets and trade patterns, which is relevant for assessing the island's economic conditions and trade policies.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for customs reporting and data compilation.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Puerto Rico (PRSAUA475SCEN), retrieved from FRED.