Value of Exports to Sri Lanka from Colorado
COLKAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,273,842.00
Year-over-Year Change
-13.30%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Colorado to Sri Lanka. It provides insights into Colorado's trade relationship with this South Asian nation.
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
The Value of Exports to Sri Lanka from Colorado is an important economic indicator that tracks the flow of goods and services from Colorado to the Sri Lankan market. This data helps analysts and policymakers understand Colorado's export dynamics and its role in the broader U.S.-Sri Lanka trade landscape.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Colorado-based exporters.
Historical Context
This trend is used by economists, trade policy experts, and business leaders to assess Colorado's export performance and the state's competitiveness in the Sri Lankan market.
Key Facts
- Colorado exported $42.7 million worth of goods to Sri Lanka in 2021.
- Top Colorado exports to Sri Lanka include machinery, chemicals, and computer equipment.
- Sri Lanka was Colorado's 54th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Colorado to Sri Lanka over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Colorado's trade relationship with Sri Lanka, helping analysts and policymakers understand the state's export dynamics and competitiveness in this South Asian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Colorado-based exporters.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade policy experts, and business leaders to assess Colorado's export performance and inform decisions related to trade, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the latest data, as the Census Bureau collects and processes the information. The data may also be subject to revisions over time.
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Citation
U.S. Federal Reserve, Value of Exports to Sri Lanka from Colorado (COLKAA052SCEN), retrieved from FRED.