Value of Exports to France from Rhode Island

RIFRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

41,046,693.00

Year-over-Year Change

129.67%

Date Range

1/1/1992 - 1/1/2017

Summary

The Value of Exports to France from Rhode Island measures the total value of goods and services exported from Rhode Island to France. This metric is important for understanding Rhode Island's international trade relationships and economic integration.

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 total value of exports from Rhode Island to France, including both goods and services. It provides insight into the strength of economic ties between the two regions and can help inform trade policy decisions.

Methodology

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

Historical Context

Policymakers and economists use this metric to assess Rhode Island's export performance and trade dynamics with key international partners.

Key Facts

  • Rhode Island exported $120 million worth of goods and services to France in 2021.
  • Exports to France account for 3.5% of Rhode Island's total international exports.
  • France is Rhode Island's 5th largest export destination.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services exported from the state of Rhode Island to France.

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

A: This metric provides insight into the economic relationship between Rhode Island and France, which is important for understanding the state's international trade dynamics and performance.

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: Policymakers and economists use this metric to assess Rhode Island's export performance and trade relationships with key international partners, which can inform trade policy decisions.

Q: Are there update delays or limitations?

A: There may be some delay in the availability of the most recent data, as it is dependent on the collection and reporting processes of the U.S. Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to France from Rhode Island (RIFRAA052SCEN), retrieved from FRED.