Number of Identified Exporters to Papua New Guinea from Colorado
COPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
16.67%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of exporters in Colorado that ship goods to Papua New Guinea. It is an important indicator of trade flows and commercial activity between the two regions.
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
The Number of Identified Exporters to Papua New Guinea from Colorado metric provides insights into the commercial relationships and trade patterns between Colorado and this Pacific Island nation. Economists and policymakers use this data to analyze the dynamics of international trade and identify opportunities for growth.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend can inform decisions around trade policy, export promotion programs, and economic development initiatives.
Key Facts
- Colorado exported $X.XX million in goods to Papua New Guinea in the latest year.
- The number of identified Colorado exporters to Papua New Guinea has grown by X% over the past 5 years.
- Papua New Guinea is Colorado's Xth largest export market by volume.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of companies based in Colorado that are identified as exporting goods to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial relationships and trade flows between Colorado and Papua New Guinea, which is important for understanding regional economic development and international trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to inform decisions around trade policy, export promotion programs, and economic development initiatives between Colorado and Papua New Guinea.
Q: Are there update delays or limitations?
A: This data is published with a X-month lag, and may not capture all exporting companies due to reporting requirements.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Colorado (COPNGA475SCEN), retrieved from FRED.