Value of Exports to Costa Rica from District of Columbia
DCCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
246,907.00
Year-over-Year Change
-71.16%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Costa Rica from District of Columbia' metric tracks the dollar value of goods and services exported from the District of Columbia to Costa Rica. This data is important for understanding regional trade patterns and economic ties between the two locations.
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 represents the total monetary value of products and services shipped from businesses and individuals in the District of Columbia to recipients in Costa Rica. It is a key indicator of the trade relationship and economic integration between the two regions.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to analyze the strength of commercial relationships and guide decisions around trade policy.
Key Facts
- Exports from D.C. to Costa Rica totaled $78.4 million in 2021.
- Costa Rica was the 65th largest export destination for goods from D.C. in 2021.
- The top export categories from D.C. to Costa Rica are machinery, electrical equipment, and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of products and services exported from businesses and individuals in the District of Columbia to recipients in Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding regional trade patterns and the economic relationship between D.C. and Costa Rica, which can inform policymaking and business strategies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze the strength of commercial relationships and guide decisions around trade policy between the U.S. and Costa Rica.
Q: Are there update delays or limitations?
A: The data is published with a lag, usually 2-3 months after the end of the reporting period, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from District of Columbia (DCCRIA052SCEN), retrieved from FRED.