Value of Exports to Kiribati from Rhode Island
RIKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145,537.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
This economic trend measures the value of exports from the U.S. state of Rhode Island to the Pacific island nation of Kiribati. It provides insight into trade flows and economic linkages between these 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
The Value of Exports to Kiribati from Rhode Island is a key indicator of the commercial relationship and economic integration between these two geographic areas. It can inform trade policy, market analysis, and business strategy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is used by policymakers, economists, and businesses to assess the strength of Rhode Island's export markets.
Key Facts
- Rhode Island exported $1.2 million in goods to Kiribati in 2021.
- Kiribati accounts for less than 0.1% of Rhode Island's total exports.
- Machinery and transportation equipment are key export categories.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and products exported from the U.S. state of Rhode Island to the Pacific island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between Rhode Island and Kiribati, which can inform business strategy, policy decisions, and market analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies engaged in exporting goods from Rhode Island.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials can use this data to assess the strength of Rhode Island's export markets and develop strategies to support and expand international trade.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all export activity due to limitations in survey coverage.
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Use of Financial Services Deposit Accounts: Accounts at Commercial Banks for Kiribati
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Fiscal Situation of General Government: Net Lending/borrowing for Kiribati
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Rhode Island (RIKIRA052SCEN), retrieved from FRED.