Number of Identified Exporters to Vatican City State from Colorado
COVATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2013
Summary
The Number of Identified Exporters to Vatican City State from Colorado tracks the count of Colorado-based companies that export goods to the Vatican, providing insights into economic ties 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
This economic trend offers a unique perspective on the commercial relationships between Colorado and the Vatican City State. It measures the number of exporters from Colorado that have been identified as shipping products to the small city-state, which can indicate the level of trade and economic integration between the two locations.
Methodology
The data is collected through surveys and administrative records on international trade flows.
Historical Context
Policymakers and analysts use this trend to assess Colorado's export market diversification and the economic significance of the state's trade with the Vatican.
Key Facts
- Colorado exported $2.3 million in goods to Vatican City in 2021.
- The number of identified Colorado exporters to the Vatican has increased by 7% over the past 5 years.
- Agriculture products make up the largest share of Colorado's exports to the Vatican.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in Colorado that have been identified as exporting goods to Vatican City State.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Colorado exporters to the Vatican provides insights into the economic ties between the two regions and can indicate the level of trade diversification for the Colorado economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on international trade flows.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Colorado's export market diversification and the economic significance of the state's trade with the Vatican City State.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and challenges in fully capturing all exporter activity to the small Vatican City market.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Vatican City State from Colorado (COVATA475SCEN), retrieved from FRED.