Value of Exports to Colombia from District of Columbia
DCCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
444,768.00
Year-over-Year Change
-72.05%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Colombia from District of Columbia' measures the dollar value of goods and services exported from the District of Columbia to Colombia. This metric is important for economists and policymakers to assess trade relationships and economic activity.
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 series tracks the total value of exports from the District of Columbia to Colombia, a key trading partner. Analyzing trends in this data can provide insights into the strength of the region's export economy and its integration with global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this metric to monitor the District of Columbia's trade dynamics and commercial ties with Colombia.
Key Facts
- Exports from D.C. to Colombia totaled $143 million in 2021.
- Colombia is the 27th largest export market for goods from the District of Columbia.
- The top D.C. exports to Colombia include machinery, computer equipment, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the District of Columbia to Colombia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export flows to key trading partners like Colombia provides insights into the strength of the D.C. regional economy and its global trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the District of Columbia's trade relationships and commercial ties with countries like Colombia.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag due to the time required for collection and processing.
Related Trends
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DDDM06COA156NWDB
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Colombia
COLLRHUTTTTSTSAM
Balance of Payments: Services: Expenditure for Colombia
COLB6DBSE03STSAQ
Amount Outstanding Due within One Year of International Debt Securities for Non-financial Corporations Sector, Residence of Issuer in Colombia
IDS1YMAORINCCO
Use of Financial Services, Liabilities: Outstanding Deposits for Life Insurance at Insurance Corporations for Colombia
COLFCLOFILPXDC
Financial System Deposits to GDP for Colombia
DDDI08COA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Colombia from District of Columbia (DCCOLA052SCEN), retrieved from FRED.