Number of Identified Exporters to Colombia from California
CACOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,679.00
Year-over-Year Change
62.07%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Colombia from California measures the total count of California-based businesses that export goods to Colombia. This metric is valuable for assessing trade dynamics and economic integration between the U.S. and 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 statistic represents the number of unique California exporters shipping products to the Colombian market. It provides insights into the scale and diversity of export-oriented businesses in the state, offering context for bilateral trade patterns and market access.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Historical Context
Policymakers and trade analysts use this indicator to evaluate the competitiveness of California exporters and the state's export opportunities in the Colombian economy.
Key Facts
- California is the largest exporting state in the U.S.
- Colombia is the 20th largest U.S. export market by value.
- Exports support over 1 million jobs in California.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of unique California-based businesses that export goods to Colombia, providing insights into the scale and diversity of the state's export-oriented enterprises.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers valuable context for assessing trade dynamics and economic integration between the U.S. and Colombia, which is an important market for California exporters.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through mandatory exporter surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this indicator to evaluate the competitiveness of California exporters and the state's export opportunities in the Colombian economy.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the time required for customs processing and survey collection.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from California (CACOLA475SCEN), retrieved from FRED.