Value of Exports to India from Colorado
COINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81,541,063.00
Year-over-Year Change
17.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Colorado' measures the dollar value of goods and services exported from the U.S. state of Colorado to India. This economic indicator is important for understanding Colorado's trade relationships and integration with the global economy.
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 value of all merchandise exported from Colorado to India, including agricultural products, industrial supplies, capital goods, consumer goods, and other commodities. It is a key metric for evaluating Colorado's export performance and commercial ties with one of the world's largest and fastest-growing economies.
Methodology
The data is collected and published by the U.S. Census Bureau based on customs declarations and other international trade records.
Historical Context
Policymakers and businesses use this trend to monitor Colorado's export markets and identify growth opportunities or trade imbalances.
Key Facts
- Colorado exported over $350 million in goods to India in 2021.
- India was Colorado's 8th largest export market in 2021.
- Agricultural products account for over 40% of Colorado's exports to India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Colorado to India. It is an important indicator of Colorado's trade relationship with one of the world's largest economies.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Colorado's export performance and commercial ties with India, which is a key trading partner and growth market for the state. It helps policymakers and businesses understand Colorado's integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau based on customs declarations and other international trade records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to monitor Colorado's export markets, identify growth opportunities, and address any trade imbalances or barriers.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month delay, so it may not reflect the most current trade conditions. The series also does not capture all aspects of Colorado's economic relationship with India, such as services trade or investment flows.
Related Trends
Nominal Gross Domestic Product for India
NGDPNSAXDCINQ
Constant GDP per capita for India
NYGDPPCAPKDIND
Inflation, consumer prices for India
FPCPITOTLZGIND
Number of Identified Exporters to India from Wisconsin
WIINDA475SCEN
Consumer Price Index: All Items: Total: Special COICOP Series for India
INDCPALTT02GPM
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: National Currency: USD for India
CCUSSP02INM650N
Citation
U.S. Federal Reserve, Value of Exports to India from Colorado (COINDA052SCEN), retrieved from FRED.