Value of Exports to Japan from Rhode Island
RIJPNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67,274,745.00
Year-over-Year Change
92.99%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Japan from Rhode Island' metric tracks the dollar value of goods and services exported from the U.S. state of Rhode Island to Japan. This economic indicator provides insight into trade flows and commercial activity 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 Japan. It is an important metric for understanding the economic relationship and trade balance between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this indicator to monitor the health of Rhode Island's export economy and its commercial ties with key international markets.
Key Facts
- Rhode Island exported $XXX million in goods and services to Japan in the latest period.
- Exports to Japan account for X% of total exports from Rhode Island.
- Automotive parts and aircraft components are major export categories to Japan from Rhode Island.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of exports originating from the U.S. state of Rhode Island that are shipped to Japan.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the trade relationship and commercial activity between Rhode Island and Japan, which is an important international market for the state's exporters.
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 declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this indicator to monitor the health of Rhode Island's export economy and its commercial ties with key international markets like Japan.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collection and compilation by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Japan from Rhode Island (RIJPNA052SCEN), retrieved from FRED.