Value of Exports to Andorra from Colorado
COANDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,793.00
Year-over-Year Change
-90.71%
Date Range
1/1/2015 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Colorado to the country of Andorra. It provides insights into the commercial relationship and trade flows 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 Value of Exports to Andorra from Colorado metric tracks the dollar value of goods and services shipped from Colorado to Andorra. This data point is useful for analyzing the strength of Colorado's export economy and its economic ties with Andorra.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Economists and policymakers use this trend to monitor Colorado's export performance and commercial engagement with international markets.
Key Facts
- Colorado's exports to Andorra were valued at $2.3 million in 2021.
- Andorra ranks 161st among Colorado's export destinations.
- The top exported products from Colorado to Andorra are machinery and computer equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Colorado to the country of Andorra.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into Colorado's export economy and its trade relationship with Andorra, which is useful for economic analysis and policy decisions.
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 records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor Colorado's export performance and commercial engagement with international markets.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to limitations in data collection.
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Constant GDP per capita for Andorra
NYGDPPCAPKDAND
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Citation
U.S. Federal Reserve, Value of Exports to Andorra from Colorado (COANDA052SCEN), retrieved from FRED.