Value of Exports to Guinea from Colorado
COGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154,926.00
Year-over-Year Change
-72.91%
Date Range
1/1/2008 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Colorado' series measures the dollar value of goods exported from the U.S. state of Colorado to the country of Guinea. This metric is important for understanding Colorado's international trade relationships and economic connections.
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 tracks the total value of physical goods shipped from Colorado to Guinea, including products like machinery, aircraft, and agricultural commodities. The data can provide insights into the trade balance and commercial ties between Colorado and this West African nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Policymakers and business analysts use this metric to assess Colorado's export performance and competitiveness in the Guinean market.
Key Facts
- Colorado exported $2.3 million in goods to Guinea in 2021.
- Machinery and aircraft were the top export categories from Colorado to Guinea.
- Guinea accounted for less than 0.1% of Colorado's total international exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods exported from the U.S. state of Colorado to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Colorado's trade relationships and economic connections with the West African nation of Guinea.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and business analysts use this metric to assess Colorado's export performance and competitiveness in the Guinean market.
Q: Are there update delays or limitations?
A: The data is subject to typical lags in trade reporting and may not fully capture all export activity.
Related Trends
Value of Exports to Guinea from South Carolina
SCGINA052SCEN
Value of Exports to Guinea from Georgia
GAGINA052SCEN
Use of Financial Services Deposit Accounts: Small and Medium Enterprise Accounts at Commercial Banks for Guinea
GINFCAODCSNUM
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Guinea
GINFCSODCHXDC
Value of Exports to Guinea from Washington
WAGINA052SCEN
Value of Exports to Guinea from Ohio
OHGINA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Guinea from Colorado (COGINA052SCEN), retrieved from FRED.