Value of Exports to Colombia from Colorado
COCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,501,156.00
Year-over-Year Change
56.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Colombia from Colorado' measures the total value of goods and services exported from Colorado to Colombia. This metric is important for understanding Colorado's international trade dynamics 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 economic trend tracks the dollar value of all products and services that are exported from the state of Colorado to the country of Colombia. It provides insight into the scale and direction of trade flows between the two regions, which is relevant for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is used to assess Colorado's export performance and competitiveness in the Colombian market.
Key Facts
- Colorado exported $XXX million worth of goods and services to Colombia in the latest year.
- The value of Colorado's exports to Colombia has grown by X% over the past 5 years.
- Colombia is Colorado's Xth largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services that are exported from the state of Colorado to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Colorado's international trade relationships and export performance, which is important for understanding the state's economic dynamics and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, businesses, and analysts to assess Colorado's export performance and competitiveness in the Colombian market.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the latest data, as it is collected through surveys of exporting companies.
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Citation
U.S. Federal Reserve, Value of Exports to Colombia from Colorado (COCOLA052SCEN), retrieved from FRED.