Value of Exports to Japan from Colorado
COJPNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
439,883,664.00
Year-over-Year Change
20.80%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Japan from Colorado' series tracks the monetary value of goods and services exported from the state of Colorado to Japan. This metric is important for understanding Colorado's trade relationship with a key economic partner.
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 data series measures the total dollar value of exports from Colorado to Japan, including commodities, manufactured goods, and services. Analyzing trends in this metric can provide insights into the strength of Colorado's trade connections and the state's participation in the global economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Colorado businesses.
Historical Context
Policymakers and business leaders use this data to inform decisions related to economic development, international trade, and targeted export promotion efforts.
Key Facts
- Colorado exported $1.2 billion worth of goods and services to Japan in 2021.
- Japan is Colorado's 4th largest export destination, accounting for 5.4% of the state's total exports.
- Colorado's top exports to Japan include aerospace products, machinery, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of goods and services exported from the state of Colorado to Japan.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in Colorado's exports to Japan can provide insights into the state's participation in global trade and the strength of its economic relationship with a key international partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Colorado businesses.
Q: How is this trend used in economic policy?
A: Policymakers and business leaders use this data to inform decisions related to economic development, international trade, and targeted export promotion efforts.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Japan from Colorado (COJPNA052SCEN), retrieved from FRED.