Number of Identified Exporters to Costa Rica from Colorado
COCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.00
Year-over-Year Change
108.93%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Costa Rica from Colorado measures the count of unique companies based in Colorado that export goods to Costa Rica. This metric provides insights into the commercial trade 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 data series tracks the number of distinct Colorado-based businesses that are exporting products to the Costa Rican market. It offers a window into the cross-border trade flows and economic integration between the U.S. state and the Central American country.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this series to monitor trends in Colorado's export activity and commercial ties with Costa Rica.
Key Facts
- Colorado exported over $110 million in goods to Costa Rica in 2021.
- The number of Colorado exporters to Costa Rica has grown by 20% since 2015.
- Top export categories include machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique companies based in Colorado that export goods to the Costa Rican market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cross-border trade relationship and economic integration between Colorado and Costa Rica.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor trends in Colorado's export activity and commercial ties with Costa Rica.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag and may not capture all small or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Colorado (COCRIA475SCEN), retrieved from FRED.