Number of Identified Exporters to Singapore from Puerto Rico
PRSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.00
Year-over-Year Change
-29.41%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Puerto Rico' measures the volume of export activity between Puerto Rico and Singapore. This metric is important for analyzing trade flows 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 economic trend tracks the count of Puerto Rican companies and individuals identified as exporting goods or services to Singapore. It provides insights into the level of commercial activity and trade partnerships between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses and export declarations.
Historical Context
Policymakers and market analysts use this metric to gauge the strength of economic ties and trade relationships between Puerto Rico and Singapore.
Key Facts
- Puerto Rico exported over $1 billion worth of goods to Singapore in 2021.
- The number of identified Puerto Rican exporters to Singapore has grown by 20% over the past 5 years.
- Singapore is Puerto Rico's 4th largest export market, after the United States, Dominican Republic, and Mexico.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of companies and individuals in Puerto Rico that are identified as exporting goods or services to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of economic ties and trade relationships between Puerto Rico and Singapore, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Puerto Rican businesses and export declarations.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to gauge the level of commercial activity and trade partnerships between Puerto Rico and Singapore, which can inform trade agreements and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-3 month delay, and may not capture all informal or unreported export activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Puerto Rico (PRSGPA475SCEN), retrieved from FRED.