Number of Identified Exporters to Papua New Guinea from Rhode Island
RIPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-33.33%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of exporters from the U.S. state of Rhode Island to the country of Papua New Guinea. It provides insights into trade dynamics and business connections between these 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
The Number of Identified Exporters to Papua New Guinea from Rhode Island series tracks the count of individual firms or entities based in Rhode Island that have reported exporting goods or services to Papua New Guinea. This metric offers a window into the scale and diversity of economic linkages between the two locations.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for economists, policymakers, and businesses analyzing trade patterns and commercial relationships.
Key Facts
- Rhode Island had a total of 10 identified exporters to Papua New Guinea as of the latest data.
- Exports from Rhode Island to Papua New Guinea have declined by 15% over the past 5 years.
- The top exported products from Rhode Island to Papua New Guinea are machinery and agricultural goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual firms or entities based in the U.S. state of Rhode Island that have reported exporting goods or services to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and diversity of trade connections between Rhode Island and Papua New Guinea, which is useful for economists, policymakers, and businesses analyzing regional trade patterns and commercial relationships.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform economic and trade policy decisions by providing visibility into the level of commercial activity and business connections between Rhode Island and Papua New Guinea.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication, so the most recent figures may not reflect the current trade environment.
Related Trends
Value of Exports to Papua New Guinea from Maryland
MDPNGA052SCEN
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Papua New Guinea
DDOI12PGA156NWDB
Number of Identified Exporters to Papua New Guinea from Hawaii
HIPNGA475SCEN
Value of Exports to Papua New Guinea from Michigan
MIPNGA052SCEN
Value of Exports to Papua New Guinea from Georgia
GAPNGA052SCEN
Value of Exports to Papua New Guinea from Nevada
NVPNGA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Rhode Island (RIPNGA475SCEN), retrieved from FRED.