Number of Identified Exporters to Costa Rica from North Dakota
NDCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
40.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Costa Rica from North Dakota measures the count of businesses located in North Dakota that export goods to Costa Rica. This metric provides insight into the trade relationship 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 data series tracks the number of unique exporting entities from North Dakota to Costa Rica over time. It offers a window into the level of economic integration and trade flows between the two economies.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate the trade dynamics between North Dakota and Costa Rica.
Key Facts
- North Dakota exported over $25 million in goods to Costa Rica in 2021.
- The number of identified exporters from North Dakota to Costa Rica has grown by 15% since 2015.
- Costa Rica is North Dakota's 13th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique businesses located in North Dakota that export goods to Costa Rica over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and level of economic integration between North Dakota and Costa Rica.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate the trade dynamics between North Dakota and Costa Rica.
Q: Are there update delays or limitations?
A: There may be delays of several months in the data reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from North Dakota (NDCRIA475SCEN), retrieved from FRED.