Number of Identified Exporters to Netherlands from Colorado
CONLDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
345.00
Year-over-Year Change
7.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Netherlands from Colorado' tracks the count of businesses located in Colorado that export goods to the Netherlands. This data provides insights into Colorado's international trade activity and economic relationships.
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 indicator measures the number of unique Colorado-based companies that have sold goods or services to the Netherlands. It offers a quantitative view of Colorado's export markets and trade flows with specific countries.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and other trade reporting mechanisms.
Historical Context
Policymakers and economic analysts use this metric to evaluate Colorado's export performance and integration with global markets.
Key Facts
- Colorado exported $2.1 billion in goods to the Netherlands in 2021.
- The number of Colorado exporters to the Netherlands has grown by 7.2% over the past 5 years.
- Agricultural products and machinery are top Colorado exports to the Netherlands.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique Colorado-based companies that have exported goods or services to the Netherlands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Colorado's trade relationships and performance in international markets, which is valuable for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through customs declarations and other trade reporting mechanisms.
Q: How is this trend used in economic policy?
A: Governments and analysts use this metric to evaluate Colorado's export activity and integration with global supply chains, which informs trade, economic development, and competitiveness policies.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in reporting this data, and the metric only captures formal, reported export activity, not informal or unreported trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Netherlands from Colorado (CONLDA475SCEN), retrieved from FRED.