Value of Exports to Brazil from Colorado
COBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,940,702.00
Year-over-Year Change
46.69%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Colorado to Brazil. It provides insights into trade flows and economic activity between the 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 Brazil from Colorado is an important indicator of the commercial relationship between Colorado and Brazil. It tracks the dollar value of goods and services shipped from Colorado to the Brazilian market, offering insights into the state's export performance and international trade patterns.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade Data program.
Historical Context
This trend is closely monitored by economists, trade analysts, and policymakers to understand the state of economic ties between Colorado and Brazil.
Key Facts
- Colorado exported over $700 million in goods to Brazil in 2021.
- Brazil is Colorado's 8th largest export market globally.
- Machinery and aircraft are major Colorado exports to Brazil.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Brazil from Colorado measures the total dollar value of goods and services shipped from the U.S. state of Colorado to the Brazilian market.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the commercial relationship between Colorado and Brazil, offering a gauge of the state's export performance and contribution to bilateral trade flows.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its comprehensive U.S. International Trade Data program.
Q: How is this trend used in economic policy?
A: Economists, trade analysts, and policymakers closely monitor this trend to understand the state of economic ties between Colorado and Brazil, informing trade policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag, providing timely but not real-time information. The series may not capture all trade flows, as it does not include certain types of exports.
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from Colorado (COBRAA052SCEN), retrieved from FRED.