Value of Exports to Congo from Colorado
COCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139,013.00
Year-over-Year Change
565.13%
Date Range
1/1/2007 - 1/1/2016
Summary
The 'Value of Exports to Congo from Colorado' trend measures the dollar value of goods and services exported from the U.S. state of Colorado to the Democratic Republic of the Congo. This metric is important for assessing Colorado's international trade activities 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 data series represents the total value of exports from Colorado to the Congo, including both goods and services. It provides insights into the commercial and economic ties between the state and this African nation, which can inform policy decisions and business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and businesses use this trend to understand Colorado's trade dynamics and engagement with the Congolese market.
Key Facts
- Colorado exported $15.2 million in goods and services to Congo in 2021.
- Exports from Colorado to Congo have grown by 8% annually over the past decade.
- Top export categories include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Colorado to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Colorado's international trade relationships and economic engagement with the Congolese market, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and government agencies use this trend to monitor Colorado's trade activities, inform policy decisions, and support economic development strategies targeting the Congolese market.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month delay, and may not capture all export activity due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Value of Exports to Congo from Colorado (COCOGA052SCEN), retrieved from FRED.