Number of Identified Exporters to Benin from Colorado

COBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

50.00%

Date Range

1/1/2002 - 1/1/2017

Summary

This economic trend measures the number of identified exporters from Colorado to Benin. Understanding trade flows between U.S. states and other countries is useful for policymakers and analysts assessing regional economic conditions.

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

The Number of Identified Exporters to Benin from Colorado metric tracks the count of unique businesses located in Colorado that reported exporting goods to Benin. This provides insight into the level of economic engagement and trade activity between the two regions.

Methodology

The data is collected through survey responses from exporters and compiled by the U.S. Census Bureau.

Historical Context

This trend can inform trade policy, market access, and investment decisions.

Key Facts

  • Colorado exported $X.XX million in goods to Benin in the latest year.
  • The number of identified Colorado exporters to Benin has trended [up/down] over the past [X] years.
  • Benin is Colorado's [Xth] largest export market by number of identified exporters.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in Colorado that reported exporting goods to Benin.

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

A: Understanding trade flows between U.S. states and other countries provides insight into regional economic conditions and can inform trade policy, market access, and investment decisions.

Q: How is this data collected or calculated?

A: The data is collected through survey responses from exporters and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy, market access, and investment decisions by providing insight into the level of economic engagement and trade activity between Colorado and Benin.

Q: Are there update delays or limitations?

A: There may be lags in data reporting and potential limitations in capturing all exporting businesses, but the trend provides a useful indicator of trade patterns.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Benin from Colorado (COBENA475SCEN), retrieved from FRED.