Number of Identified Exporters to Colombia from Washington

WACOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

241.00

Year-over-Year Change

107.76%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Colombia from Washington tracks the count of businesses in the state of Washington that export goods to the country of 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 metric provides insight into the trade relationship between Washington state and Colombia, including the level of commercial activity and market access for local businesses.

Methodology

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

Historical Context

This trend is relevant for analyzing regional trade dynamics and the competitiveness of Washington exporters in Latin American markets.

Key Facts

  • Washington was the 10th largest exporting state in the U.S. in 2021.
  • Colombia is Washington's 29th largest export destination.
  • The number of identified exporters to Colombia from Washington has increased by 25% since 2015.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the state of Washington that are identified as exporting 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 Washington and Colombia, including the level of commercial activity and market access for local businesses.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: This trend is relevant for analyzing regional trade dynamics and the competitiveness of Washington exporters in Latin American markets.

Q: Are there update delays or limitations?

A: The data is published with a several month delay and may not capture all exporting businesses in Washington.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Colombia from Washington (WACOLA475SCEN), retrieved from FRED.