Value of Exports to Finland from Colorado
COFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,961,141.00
Year-over-Year Change
29.29%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Finland from Colorado' measures the total dollar value of goods and services exported from the state of Colorado to Finland. This data point is important for economists and policymakers to track trade flows and understand Colorado's economic relationships with international partners.
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 series represents the total exports from Colorado to Finland, including both goods and services. It is a key metric for assessing the trade dynamics between the state and this important European market, providing insights into the strength of economic ties and the flow of products and services.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Historical Context
Policymakers and businesses use this metric to monitor trade performance and inform decisions around economic development, international market strategies, and trade policy.
Key Facts
- Colorado's exports to Finland were valued at $XX in the most recent year.
- Exports to Finland account for X% of Colorado's total international trade.
- The top exported products from Colorado to Finland include [examples].
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Colorado to Finland. It provides insights into the trade dynamics between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Colorado's economic relationships with international partners and tracking the flow of trade. It informs decisions around economic development, market strategies, and trade policy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to monitor trade performance and inform decisions around economic development, international market strategies, and trade policy.
Q: Are there update delays or limitations?
A: There may be lags in the reporting of this data, as it is based on customs and administrative sources. Users should check for the most recent available data.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Colorado (COFINA052SCEN), retrieved from FRED.