Value of Exports to Ecuador from Colorado
COECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,702,078.00
Year-over-Year Change
180.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ecuador from Colorado' series tracks the total dollar value of goods and services exported from the U.S. state of Colorado to the country of Ecuador. This metric is important for understanding Colorado's international trade dynamics and economic ties with Latin American markets.
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 data series, published by the U.S. Census Bureau, provides a detailed view of Colorado's export activities and trade relationships. It is used by economists, policymakers, and businesses to assess the state's export competitiveness and integration with the global economy.
Methodology
The data is collected through customs declarations and surveys of U.S. exporters.
Historical Context
Policymakers and analysts monitor this trend to gauge Colorado's export-driven economic growth and the state's commercial links with key trading partners.
Key Facts
- Colorado's exports to Ecuador totaled $72 million in 2021.
- Top exported products include machinery, chemicals, and agricultural goods.
- Ecuador ranks as Colorado's 47th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the U.S. state of Colorado to the country of Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Colorado's international trade dynamics and economic ties with Latin American markets.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge Colorado's export-driven economic growth and the state's commercial links with key trading partners.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activities.
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Citation
U.S. Census Bureau, Value of Exports to Ecuador from Colorado (COECUA052SCEN), retrieved from FRED.