Value of Exports to Colombia from Kansas
KSCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,561,472.00
Year-over-Year Change
20.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Colombia from Kansas' economic trend measures the total value of goods and services exported from the state of Kansas to the country of Colombia. This metric is important for understanding Kansas' trade relationships and economic integration 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 tracks the dollar value of all exports originating from Kansas businesses and destined for Colombia. It provides insight into the commercial activity and economic ties between the two regions, which is useful for policymakers, trade analysts, and businesses seeking to expand their global footprint.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Trends in exports can inform decisions around trade policy, infrastructure investment, and economic development strategies.
Key Facts
- Kansas exported $305 million worth of goods to Colombia in 2021.
- Exports to Colombia account for 3.2% of Kansas' total international trade.
- Top export categories from Kansas to Colombia include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Colombia from Kansas' trend measures the total dollar value of goods and services exported from the state of Kansas to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and economic integration between Kansas and Colombia, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Trends in exports can inform decisions around trade policy, infrastructure investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Colombia from Kansas (KSCOLA052SCEN), retrieved from FRED.