Value of Exports to Barbados from Colorado

COBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,989,170.00

Year-over-Year Change

797.73%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Barbados from Colorado' series measures the total value of goods and services exported from the U.S. state of Colorado to the Caribbean island nation of Barbados. This metric is important for understanding trade flows and economic relationships between U.S. states and foreign countries.

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 value of all exports, including both goods and services, originating from Colorado and destined for Barbados. Economists and policymakers use this data to analyze trends in state-level trade and assess the economic ties between specific U.S. regions and international markets.

Methodology

The data is collected and reported by the U.S. Census Bureau through its state export series.

Historical Context

This export value metric can inform decisions around trade policy, investment, and economic development initiatives targeting specific trade corridors.

Key Facts

  • Colorado exported $7.4 million in goods and services to Barbados in 2021.
  • Exports from Colorado to Barbados have grown by 25% over the past 5 years.
  • Machinery and computer/electronic products are Colorado's top exports to Barbados.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of all goods and services exported from the U.S. state of Colorado to the country of Barbados.

Q: Why is this trend relevant for users or analysts?

A: This export value data is useful for understanding trade flows and economic relationships between specific U.S. states and international markets, which can inform policy decisions and business strategies.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its state export series.

Q: How is this trend used in economic policy?

A: This export value metric can inform decisions around trade policy, investment, and economic development initiatives targeting specific trade corridors between U.S. states and foreign countries.

Q: Are there update delays or limitations?

A: The data is reported on a monthly basis, but may have a 1-2 month delay before publication.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Barbados from Colorado (COBRBA052SCEN), retrieved from FRED.