Number of Identified Exporters to Rwanda from Colorado
CORWAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
300.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Rwanda from Colorado measures the count of businesses based in Colorado that export goods to Rwanda. This statistic is important for understanding trade dynamics and economic relationships between the two regions.
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 tracks the number of companies headquartered in Colorado that report exporting products or services to Rwanda. It provides insight into the scale and trends of economic activity and commercial ties between the two locations.
Methodology
The data is collected through surveys of U.S. exporters.
Historical Context
Policymakers and trade analysts use this metric to assess the health of Colorado's export economy and its commercial engagement with the Rwandan market.
Key Facts
- Colorado exported $24.8 million in goods to Rwanda in 2021.
- The number of Colorado exporters to Rwanda has grown by 12% since 2015.
- Rwanda is Colorado's 92nd largest export destination.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Colorado that report exporting products or services to Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and trends of economic activity and commercial ties between Colorado and the Rwandan market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of Colorado's export economy and its commercial engagement with the Rwandan market.
Q: Are there update delays or limitations?
A: The data may have a 6-12 month lag in reporting, and only includes companies that formally identify as exporters to Rwanda.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Rwanda from Colorado (CORWAA475SCEN), retrieved from FRED.