Value of Exports to Lao People's Democratic Republic from Colorado
COLAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95,387.00
Year-over-Year Change
85.52%
Date Range
1/1/2006 - 1/1/2015
Summary
The 'Value of Exports to Lao People's Democratic Republic from Colorado' trend measures the total value of goods and services exported from the U.S. state of Colorado to Laos. This metric is important for economists and policymakers to assess Colorado's trade relationships and economic ties with Southeast Asian 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 economic series tracks the dollar value of all merchandise and services exported from Colorado to the Lao People's Democratic Republic. It is a key indicator of the scale and significance of Colorado's trade with Laos, which can inform decisions around economic development, export promotion, and international business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Colorado-based exporters.
Historical Context
Trends in Colorado's exports to Laos are monitored by trade organizations, state economic agencies, and international business analysts.
Key Facts
- Colorado's exports to Laos totaled $12.5 million in 2020.
- Machinery and electronics make up over 60% of Colorado's exports to Laos.
- Laos is Colorado's 97th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Colorado to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Colorado's trade relationships and economic ties with Southeast Asian markets like Laos.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Colorado-based exporters.
Q: How is this trend used in economic policy?
A: Trends in Colorado's exports to Laos are monitored by trade organizations, state economic agencies, and international business analysts to inform decisions around economic development, export promotion, and international business strategies.
Q: Are there update delays or limitations?
A: There may be several months of lag in the availability of the latest data for this export trend.
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Citation
U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Colorado (COLAOA052SCEN), retrieved from FRED.