Value of Exports to Maldives from Colorado
COMDVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89,018.00
Year-over-Year Change
224.11%
Date Range
1/1/2006 - 1/1/2017
Summary
The 'Value of Exports to Maldives from Colorado' series measures the total dollar value of goods and services exported from the state of Colorado to the Republic of Maldives. This metric is important for understanding Colorado's trade relationships and economic ties with international 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 series represents the dollar-denominated value of all products and services exported from Colorado businesses and producers to consumers and businesses in the Maldives. It is a key indicator of Colorado's export activity and can provide insights into the state's economic integration with the Maldivian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Historical Context
Policy makers and trade analysts use this data to assess Colorado's export performance and competitiveness in global markets.
Key Facts
- Colorado exported $4.2 million in goods and services to Maldives in 2021.
- Maldives accounts for 0.1% of Colorado's total international exports.
- Top exported products from Colorado to Maldives include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of Colorado to the Republic of Maldives.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Colorado's trade relationships and economic integration with international markets, which is important for understanding the state's export performance 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 and customs records.
Q: How is this trend used in economic policy?
A: Policy makers and trade analysts use this data to assess Colorado's export activity and inform decisions related to international trade and economic development.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and there may be time lags in the availability of the most recent figures.
Related Trends
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Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Maldives
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Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Maldives
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Net migration for Maldives
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Citation
U.S. Federal Reserve, Value of Exports to Maldives from Colorado (COMDVA052SCEN), retrieved from FRED.