Number of Identified Exporters to Colombia from U.S. Virgin Islands
VICOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Colombia from U.S. Virgin Islands' measures the count of unique businesses that export goods from the U.S. Virgin Islands to Colombia. This metric provides insight into trade flows and economic activity 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 series tracks the number of exporters based in the U.S. Virgin Islands that sell products to customers in Colombia. It serves as an indicator of the commercial relationships and trade dynamics between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in the U.S. Virgin Islands.
Historical Context
This economic trend is useful for policymakers and analysts studying regional trade patterns and the impacts of trade agreements.
Key Facts
- The data series began in 1997.
- The number of exporters peaked in 2012 at 55.
- In 2021, there were 38 identified exporters from the U.S. Virgin Islands to Colombia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or exporters located in the U.S. Virgin Islands that sell goods to customers in Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between the U.S. Virgin Islands and Colombia, which is useful for analyzing regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses in the U.S. Virgin Islands.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this trend to assess the impacts of trade agreements and policies on regional trade flows and economic conditions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric only captures formal, identified exporters, which may not represent the full scope of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from U.S. Virgin Islands (VICOLA475SCEN), retrieved from FRED.