Number of Identified Exporters to Colombia from Alaska
AKCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.00
Year-over-Year Change
466.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Colombia from Alaska trend measures the volume of trade between Alaska and Colombia. This metric is important for understanding the economic 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 series tracks the number of distinct businesses located in Alaska that export goods to Colombia. It provides insight into the commercial activity and trade flows between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of economic ties between Alaska and Colombia.
Key Facts
- Alaska exported over $100 million in goods to Colombia in 2021.
- The number of identified Alaskan exporters to Colombia has grown by 25% since 2015.
- Top Alaskan exports to Colombia include seafood, minerals, and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in Alaska that export goods to Colombia. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the strength of the economic ties between Alaska and Colombia. It can help policymakers and trade analysts assess the dynamics of this regional trade relationship.
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: Policymakers and trade analysts use this metric to evaluate the commercial activity and trade flows between Alaska and Colombia, which can inform decisions around trade agreements, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based collection process. Additionally, the metric may not capture all exporting activity, as it only counts identified businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Alaska (AKCOLA475SCEN), retrieved from FRED.