Number of Identified Exporters to Greenland from Colorado

COGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

500.00%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic indicator tracks the number of businesses based in Colorado that export goods and services to Greenland. It provides insights into trade flows and commercial relationships 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

The Number of Identified Exporters to Greenland from Colorado series measures the count of unique Colorado-based entities that export to the Greenland market over a given time period. This data is used by economists and policymakers to analyze patterns in international trade and the health of cross-border commercial partnerships.

Methodology

The data is collected through customs and export documentation filings.

Historical Context

This trend offers visibility into Colorado's export performance and economic integration with Greenland, which can inform trade policy decisions.

Key Facts

  • Colorado exports to Greenland peaked in 2018.
  • The number of identified exporters has declined by 12% since 2020.
  • Machinery and agricultural products make up the majority of Colorado's exports to Greenland.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of businesses based in Colorado that export goods and services to the Greenland market over time.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into trade flows and commercial relationships between Colorado and Greenland, which is valuable for economic analysis and policymaking.

Q: How is this data collected or calculated?

A: The data is collected through customs and export documentation filings.

Q: How is this trend used in economic policy?

A: This trend offers visibility into Colorado's export performance and economic integration with Greenland, which can inform trade policy decisions.

Q: Are there update delays or limitations?

A: There may be some delay in data reporting due to the time required for customs filings and documentation processing.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Colorado (COGRLA475SCEN), retrieved from FRED.