Value of Exports to Croatia from Rhode Island
RIHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112,286.00
Year-over-Year Change
100.58%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Croatia from Rhode Island' metric tracks the dollar value of goods and services exported from the U.S. state of Rhode Island to the country of Croatia. This provides insight into economic ties and trade flows 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 measures the total value of exports originating from Rhode Island that are destined for Croatia. It is an important indicator of the commercial relationship and economic integration between the two geographies, which can inform policymakers and business leaders.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Analysts and policymakers use this metric to assess Rhode Island's export performance and the health of its trade links with Croatia.
Key Facts
- Rhode Island exported $2.3 million worth of goods to Croatia in 2021.
- Exports to Croatia account for less than 1% of total Rhode Island exports.
- The top Rhode Island export to Croatia is machinery.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Rhode Island to the country of Croatia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic relationship and trade flows between Rhode Island and Croatia, which is useful for policymakers, businesses, and economists analyzing regional economic performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Rhode Island's export performance and the strength of its trade ties with Croatia, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the most recent data, and the metrics may not capture all trade flows due to limitations in data collection.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from Rhode Island (RIHRVA052SCEN), retrieved from FRED.