Value of Exports to Colombia from Iowa
IACOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,433,528.00
Year-over-Year Change
180.91%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Colombia from Iowa' measures the total value of goods and services exported from the state of Iowa to the country of Colombia. This data provides insights into Iowa's trade relationship with a key South American market.
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 economic indicator tracks the dollar value of all products and services shipped from Iowa businesses to consumers and companies in Colombia. It is an important metric for understanding Iowa's export performance and its integration into global supply chains.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and industry analysts use this series to monitor Iowa's export competitiveness and the impacts of trade agreements or economic conditions.
Key Facts
- Iowa exported $258 million in goods to Colombia in 2021.
- Agricultural products account for over 50% of Iowa's exports to Colombia.
- Colombia is Iowa's 13th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of goods and services exported from the state of Iowa to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Iowa's trade relationship with an important South American market and is useful for monitoring the state's export performance and global competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this series to understand Iowa's export competitiveness and the impacts of trade agreements or economic conditions.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the reference period.
Related Trends
Gross Domestic Product Per Capita for Colombia
PCAGDPCOA646NWDB
Liquid Assets to Deposits and Short Term Funding for Colombia
DDSI06COA156NWDB
Number of Identified Exporters to Colombia from Montana
MTCOLA475SCEN
Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Commercial Banks for Colombia
COLFCNODCSNUM
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Colombia
COLLREMTTTTSTSAM
Infra-Annual Labor Statistics: Employment Rate Male: 15 Years or over for Colombia
COLLREMTTMASTSAM
Citation
U.S. Federal Reserve, Value of Exports to Colombia from Iowa (IACOLA052SCEN), retrieved from FRED.