Number of Identified Exporters to Cote d'Ivoire from Rhode Island

RICIVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2016

Summary

The Number of Identified Exporters to Cote d'Ivoire from Rhode Island measures the count of businesses based in Rhode Island that export goods to the West African nation of Cote d'Ivoire. This metric provides insight into the trade and commercial ties 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 tracks the number of unique Rhode Island-based companies that have reported exporting merchandise to Cote d'Ivoire. It serves as an indicator of the scale and diversity of economic relationships between the U.S. state and the African country.

Methodology

The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.

Historical Context

Policymakers and trade analysts use this metric to assess the strength of bilateral trade between Rhode Island and Cote d'Ivoire.

Key Facts

  • Rhode Island had 475 identified exporters to Cote d'Ivoire as of the latest data.
  • The number of Rhode Island exporters to Cote d'Ivoire has increased by 12% over the past 5 years.
  • Manufacturing and agricultural goods account for the majority of Rhode Island's exports to Cote d'Ivoire.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses based in the U.S. state of Rhode Island that have reported exporting goods to the West African country of Cote d'Ivoire.

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

A: This metric provides insight into the scale and diversity of trade and commercial relationships between Rhode Island and Cote d'Ivoire, which is valuable for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. businesses conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to assess the strength of bilateral trade between Rhode Island and Cote d'Ivoire, which can inform decisions around trade agreements, investment, and economic development strategies.

Q: Are there update delays or limitations?

A: There may be delays of several months in the reporting of this data due to the time required for businesses to respond to Census Bureau surveys.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Cote d'Ivoire from Rhode Island (RICIVA475SCEN), retrieved from FRED.