Number of Identified Exporters to Rwanda from Rhode Island
RIRWAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2015
Summary
The 'Number of Identified Exporters to Rwanda from Rhode Island' economic trend measures the count of businesses located in Rhode Island that sell goods or services to customers in Rwanda. This metric provides insight into international trade patterns and the state's export activity.
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 number of Rhode Island-based exporters that ship products or deliver services to the Rwandan market. It offers a proxy for the level of commercial engagement between the two economies and can inform policymakers and businesses about trade dynamics.
Methodology
The data is collected through surveys of Rhode Island companies and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess the health of Rhode Island's export sector and identify trade opportunities with developing African markets.
Key Facts
- Rhode Island has over 18,000 identified exporters as of the latest data.
- The number of Rhode Island exporters to Rwanda has grown by 7% over the past 5 years.
- Rwanda is one of the fastest-growing economies in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Rhode Island that export goods or services to customers in Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of international trade and commercial engagement between Rhode Island and the Rwandan market, which is useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Rhode Island companies and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Rhode Island's export sector and identify trade opportunities with developing African markets.
Q: Are there update delays or limitations?
A: The data is published with a 3-month lag, and the survey coverage may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Rwanda from Rhode Island (RIRWAA475SCEN), retrieved from FRED.