Value of Exports to Hong Kong from Colorado
COHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231,329,072.00
Year-over-Year Change
20.41%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Colorado' series measures the dollar value of goods exported from Colorado to Hong Kong. This metric is important for understanding Colorado's trade relationships and economic integration with international markets.
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 merchandise exported from Colorado to Hong Kong, one of the state's key trading partners. The data provides insights into Colorado's export-driven economic activity and its evolving commercial ties with the global economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists monitor this series to assess Colorado's trade dynamics and the state's participation in international supply chains.
Key Facts
- Colorado exported over $700 million in goods to Hong Kong in 2021.
- Hong Kong was Colorado's 6th largest export destination in 2021.
- Machinery and computer/electronic products account for the majority of Colorado's exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods exported from the state of Colorado to Hong Kong, one of Colorado's key international trading partners.
Q: Why is this trend relevant for users or analysts?
A: Tracking Colorado's exports to Hong Kong provides insights into the state's trade relationships and its participation in the global economy, which is important for policymakers and economists analyzing regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess Colorado's trade dynamics and the state's integration with international supply chains, which can inform decisions on trade policy, economic development, and investment strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of this data as the Census Bureau compiles and processes the information.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Colorado (COHKGA052SCEN), retrieved from FRED.