Value of Exports to the Plurinational State of Bolivia from Colorado
COBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,424,507.00
Year-over-Year Change
829.85%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Colorado to the Plurinational State of Bolivia. It provides insights into Colorado's international trade and economic relationships.
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 Value of Exports to the Plurinational State of Bolivia from Colorado series tracks the dollar value of goods and services exported from Colorado to Bolivia. This metric is used by economists and policymakers to analyze Colorado's export activities and trade dynamics with South American partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Colorado.
Historical Context
This trend informs discussions around U.S. state-level trade policy and commercial ties with Latin American markets.
Key Facts
- Colorado exported $58.2 million in goods to Bolivia in 2021.
- Mining and agricultural products make up the largest share of Colorado's exports to Bolivia.
- Exports to Bolivia account for less than 1% of Colorado's total international trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Colorado to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Colorado's export performance and trade relationship with a key South American market, informing economic and policy discussions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Colorado-based businesses and exporters.
Q: How is this trend used in economic policy?
A: This trend informs state and federal trade policy discussions, as well as analysis of Colorado's economic ties with Latin American markets.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag and may not capture all export activity due to survey limitations.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Colorado (COBOLA052SCEN), retrieved from FRED.