Value of Exports to Colombia from Delaware
DECOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,013,032.00
Year-over-Year Change
122.84%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Delaware to Colombia. It provides insights into trade flows 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
The Value of Exports to Colombia from Delaware tracks the monetary worth of goods and services shipped from Delaware to the South American country. This metric is used by economists and policymakers to analyze trade patterns and the health of international commercial ties.
Methodology
The data is collected through surveys of U.S. exporters and customs records.
Historical Context
This trend is relevant for understanding Delaware's export economy and its integration with global markets.
Key Facts
- Delaware exported over $280 million worth of goods to Colombia in 2021.
- Exports to Colombia account for about 2% of Delaware's total international trade.
- Top export categories from Delaware to Colombia include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the U.S. state of Delaware to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Delaware and Colombia, which is important for understanding state-level export dynamics and global economic integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze trade patterns, commercial ties, and the health of Delaware's export economy.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a several-month delay compared to the current time period.
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Citation
U.S. Federal Reserve, Value of Exports to Colombia from Delaware (DECOLA052SCEN), retrieved from FRED.