Number of Identified Exporters to Colombia from Missouri
MOCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
215.00
Year-over-Year Change
31.10%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Missouri' tracks the count of businesses located in Missouri that export goods to Colombia. This metric provides insight into trade dynamics between the U.S. state and the South American country.
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 measures the total number of unique exporters based in Missouri that have shipped goods to Colombia. It offers a proxy for the commercial ties and export activity between the two regions, which is useful for economists and policymakers analyzing bilateral trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter reporting.
Historical Context
Trends in this series can inform trade policy discussions and help businesses understand export market opportunities.
Key Facts
- Missouri exported over $104 million in goods to Colombia in 2021.
- The number of identified Missouri exporters to Colombia has grown by 23% since 2015.
- Agriculture products make up the largest share of Missouri's exports to Colombia.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of unique businesses located in the U.S. state of Missouri that export goods to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Missouri and Colombia, which is useful for understanding regional economic dynamics and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting from exporters.
Q: How is this trend used in economic policy?
A: Trends in the number of Missouri exporters to Colombia can inform trade policy discussions and help businesses identify export market opportunities.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, and only reflects goods exports, not services trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Missouri (MOCOLA475SCEN), retrieved from FRED.