Number of Identified Exporters to Chile from Colorado
COCHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
206.00
Year-over-Year Change
74.58%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of exporters from the U.S. state of Colorado that sell goods to Chile. It provides insights into the trade relationship between Colorado and Chile.
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 Chile from Colorado trend tracks the count of unique Colorado-based companies that export products to the Chilean market. This data point is useful for understanding the scale and dynamics of Colorado's export economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
This trend is relevant for policymakers, economists, and businesses seeking to analyze trade patterns and opportunities between Colorado and Chile.
Key Facts
- Colorado exported $1.2 billion in goods to Chile in 2020.
- The number of Colorado exporters to Chile has grown by 12% over the past 5 years.
- Top exported products from Colorado to Chile include machinery, electronics, and agricultural goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Colorado that export goods to the Chilean market.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and dynamics of Colorado's export economy, which is important for policymakers, economists, and businesses analyzing trade patterns and opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and trade organizations seeking to understand and support Colorado's export activities and relationships with key international markets like Chile.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 year lag, so it may not reflect the most current trade environment.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Chile from Colorado (COCHLA475SCEN), retrieved from FRED.