Number of Identified Exporters to Senegal from Rhode Island
RISENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
300.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Senegal from Rhode Island measures the count of businesses in Rhode Island that export goods to Senegal, providing insights into trade flows and economic relationships.
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 metric tracks the number of distinct exporters located in Rhode Island that ship goods to the West African nation of Senegal. It serves as an indicator of trade dynamics and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this trend to evaluate Rhode Island's export activities and Senegalese market access for U.S. companies.
Key Facts
- Rhode Island exported $X.XX million in goods to Senegal in the latest year.
- Senegal is the Xth largest export destination for Rhode Island businesses.
- The number of Rhode Island exporters to Senegal has increased/decreased by X% over the past Y years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of distinct businesses located in Rhode Island that export goods to the country of Senegal.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade flows and commercial relationships between Rhode Island and the Senegalese market, which is valuable for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to evaluate Rhode Island's export performance and trade dynamics with Senegal, informing decisions around economic development and international trade policy.
Q: Are there update delays or limitations?
A: There may be lags of several months in the data availability, and the metric only captures formal, recorded export activity rather than informal trade.
Related Trends
Population ages 65 and above for Senegal
SPPOP65UPTOZSSEN
Total Expenditure of General Government for Senegal
SENGGXG01GDPPT
Value of Exports to Senegal from South Carolina
SCSENA052SCEN
Number of Identified Exporters to Senegal from Ohio
OHSENA475SCEN
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Senegal
DDDI12SNA156NWDB
Broad Money for Senegal
SENFMBGDPPT
Citation
U.S. Federal Reserve, Number of Identified Exporters to Senegal from Rhode Island (RISENA475SCEN), retrieved from FRED.