Value of Exports to Argentina from Colorado
COARGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,927,991.00
Year-over-Year Change
68.04%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Argentina from Colorado' series measures the total value of goods and services exported from the U.S. state of Colorado to Argentina. This metric is closely watched by economists and policymakers to gauge Colorado's trade relationship with a key South American partner.
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 data series tracks the total nominal dollar value of merchandise and services exported from Colorado to Argentina. It is a useful indicator of the strength of economic ties and trade flows between the two regions over time.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on customs and other administrative records.
Historical Context
Policymakers and analysts use this series to monitor the health of Colorado's export economy and its commercial relationship with Argentina.
Key Facts
- Colorado exported $203 million in goods and services to Argentina in 2022.
- Exports from Colorado to Argentina have grown by 15% over the past 5 years.
- Argentina is Colorado's 5th largest export market in South America.
FAQs
Q: What does this economic trend measure?
A: This series measures the total nominal dollar value of merchandise and services exported from the U.S. state of Colorado to Argentina.
Q: Why is this trend relevant for users or analysts?
A: This data is closely watched by economists and policymakers to gauge the strength of Colorado's trade relationship with a key South American partner, Argentina.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on customs and other administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to monitor the health of Colorado's export economy and its commercial relationship with Argentina.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month lag and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Value of Exports to Argentina from Colorado (COARGA052SCEN), retrieved from FRED.