Value of Exports to Rwanda from Colorado

CORWAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

118,904.00

Year-over-Year Change

435.19%

Date Range

1/1/2004 - 1/1/2017

Summary

The 'Value of Exports to Rwanda from Colorado' series measures the dollar value of goods and services exported from the U.S. state of Colorado to the country of Rwanda. This metric is important for economists and policymakers to understand Colorado's international trade patterns and economic connections.

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 total value of all exports, including goods and services, originating from the state of Colorado and destined for the country of Rwanda. It provides insight into the commercial and economic relationship between Colorado and this East African nation.

Methodology

The data is collected and published by the U.S. Census Bureau through its annual state-level export statistics program.

Historical Context

Trends in this metric are relevant for assessing Colorado's export-oriented industries and the state's overall engagement in the global economy.

Key Facts

  • Colorado exported $4.2 million worth of goods and services to Rwanda in 2021.
  • Rwanda accounts for less than 0.1% of Colorado's total export value.
  • Exports to Rwanda from Colorado have grown by 25% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of all goods and services exported from the U.S. state of Colorado to the country of Rwanda.

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

A: Tracking Colorado's exports to Rwanda provides insight into the state's international trade patterns and engagement with the global economy.

Q: How is this data collected or calculated?

A: The data is collected and published annually by the U.S. Census Bureau through its state-level export statistics program.

Q: How is this trend used in economic policy?

A: Trends in Colorado's exports to Rwanda can inform state-level economic development strategies and policies aimed at promoting international trade.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, and may not capture all export channels or activities.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Rwanda from Colorado (CORWAA052SCEN), retrieved from FRED.