Value of Exports to Madagascar from Colorado
COMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138,463.00
Year-over-Year Change
-88.67%
Date Range
1/1/2011 - 1/1/2017
Summary
The 'Value of Exports to Madagascar from Colorado' series measures the total dollar value of goods and services exported from the state of Colorado to the country of Madagascar. This metric is important for economists and policymakers to understand trade flows and regional economic dynamics.
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 tracks the monetary value of all products and services that are sent from Colorado-based businesses and individuals to customers and buyers located in Madagascar. It provides insight into the commercial relationship between the state and this African nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in this series can inform state-level economic and trade policy decisions.
Key Facts
- Colorado exported $12.4 million in goods to Madagascar in 2021.
- Machinery and computer/electronic products make up over 60% of Colorado's exports to Madagascar.
- Madagascar accounts for less than 0.1% of Colorado's total international exports.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of all goods and services exported from the U.S. state of Colorado to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: Trends in Colorado's exports to Madagascar provide insights into the commercial relationship between the state and this African nation, which can inform economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers can use this data to understand state-level trade flows and dynamics, which can inform decisions around economic development, export promotion, and international trade agreements.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for the Census Bureau to collect and process the information from exporting firms.
Related Trends
Number of Identified Exporters to Madagascar from Iowa
IAMDGA475SCEN
Use of Financial Services: Number of Loan Accounts for Households at Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCNMFNHNUM
Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Madagascar
MDGFCMORKNUM
Use of Financial Services Deposit Accounts: Accounts at Commercial Banks for Madagascar
MDGFCAODCNUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCBODMFNUM
Use of Financial Services, Mobile Banking: Number of Mobile Money Transactions (during the Reference Year) for Madagascar
MDGFCMTNUM
Citation
U.S. Federal Reserve, Value of Exports to Madagascar from Colorado (COMDGA052SCEN), retrieved from FRED.