Value of Exports to Colombia from Vermont

VTCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,711,693.00

Year-over-Year Change

65.49%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Colombia from Vermont' tracks the dollar value of goods exported from Vermont to the country of Colombia. This metric is a key indicator of Vermont's trade relationship with Colombia.

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 value of merchandise exports originating from the state of Vermont and destined for the South American nation of Colombia. It provides insight into Vermont's trade patterns and participation in global commerce.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporters.

Historical Context

The trend is used by economists and policymakers to evaluate Vermont's economic ties with Colombia and the state's export performance.

Key Facts

  • Vermont exported $87.2 million worth of goods to Colombia in 2021.
  • Exports to Colombia account for 1.2% of Vermont's total international exports.
  • Top Vermont exports to Colombia include machinery, chemicals, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of merchandise exports originating from the state of Vermont and destined for the country of Colombia.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into Vermont's trade relationship with Colombia, which is an important economic partner. It allows analysts to evaluate the state's export performance and participation in global commerce.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporters.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to assess Vermont's economic ties with Colombia and inform decisions related to trade, investment, and economic development strategies.

Q: Are there update delays or limitations?

A: The data is published with a lag, typically 1-2 months after the end of the reference period. There may also be revisions to previously reported data.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Colombia from Vermont (VTCOLA052SCEN), retrieved from FRED.