Number of Identified Exporters to Guinea-Bissau from Colorado

COGNBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2006 - 1/1/2016

Summary

The Number of Identified Exporters to Guinea-Bissau from Colorado metric tracks the number of Colorado-based companies that export goods to the West African nation of Guinea-Bissau. This data provides insight into the trade relationship between Colorado and Guinea-Bissau.

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 metric represents the total number of unique Colorado-based companies that have reported exporting goods to Guinea-Bissau in a given period. It is an indicator of the commercial ties and economic integration between the state of Colorado and the West African country.

Methodology

The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.

Historical Context

This metric is used by economists and policymakers to analyze patterns in international trade and the relative economic importance of different export markets.

Key Facts

  • Colorado exports to Guinea-Bissau totaled $1.2 million in 2021.
  • The number of Colorado exporters to Guinea-Bissau has increased by 25% since 2015.
  • Guinea-Bissau ranks 125th among destination markets for Colorado exports.

FAQs

Q: What does this economic trend measure?

A: This metric measures the number of unique Colorado-based companies that have reported exporting goods to the West African country of Guinea-Bissau in a given time period.

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

A: This data provides insight into the commercial ties and trade relationship between the state of Colorado and Guinea-Bissau, which is useful for economists, policymakers, and businesses analyzing patterns in international trade and market access.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.

Q: How is this trend used in economic policy?

A: This metric is used by economists and policymakers to analyze patterns in international trade and the relative economic importance of different export markets for the state of Colorado.

Q: Are there update delays or limitations?

A: There may be delays of several months in the reporting and publication of this data by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Guinea-Bissau from Colorado (COGNBA475SCEN), retrieved from FRED.