Value of Exports to Denmark from Colorado
CODNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,565,800.00
Year-over-Year Change
-40.47%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Denmark from Colorado' series measures the total value of goods and services exported from the state of Colorado to Denmark. This metric is important for understanding Colorado's international trade relationships and competitiveness.
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 represents the monetary value of all products and services shipped from Colorado-based businesses and producers to customers in Denmark. Economists and policymakers use this data to analyze Colorado's export trends, assess the state's global economic integration, and inform strategies for promoting international trade.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
The value of Colorado's exports to Denmark is relevant for state economic development policies, as well as for firms seeking to expand their international sales.
Key Facts
- Colorado exported over $250 million in goods and services to Denmark in 2021.
- Machinery and computer equipment are Colorado's top exports to Denmark.
- Denmark is Colorado's 12th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all products and services exported from the state of Colorado to customers in Denmark.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Colorado's international trade relationships and competitiveness, as well as informing state economic development policies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: The value of Colorado's exports to Denmark is relevant for state economic development strategies and firms seeking to expand international sales.
Q: Are there update delays or limitations?
A: The data is published regularly by the Census Bureau, but may have a 1-2 month delay due to collection and processing.
Related Trends
Harmonized Index of Consumer Prices: Motor Cycles, Bicycles, and Animal Drawn Vehicles for Denmark
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Leading Indicators OECD: Component series: Short-term interest rate: Normalised for Denmark
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Denmark
DNKCP040500IXOBM
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Denmark
CRDQDKANABIS
Harmonized Index of Consumer Prices: Oils and Fats for Denmark
CP0115DKM086NEST
International Trade: Imports: Value (Goods): Total for Denmark
XTIMVA01DKQ188S
Citation
U.S. Federal Reserve, Value of Exports to Denmark from Colorado (CODNKA052SCEN), retrieved from FRED.