Number of Identified Exporters to Costa Rica from Delaware
DECRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.00
Year-over-Year Change
281.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Costa Rica from Delaware' trend measures the count of businesses located in Delaware that export goods to Costa Rica. This metric provides insights into trade activity and 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 series tracks the number of exporters from the U.S. state of Delaware to the country of Costa Rica. It is used by economists and policymakers to analyze patterns in international trade and the competitiveness of local businesses in global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Trends in the number of exporters are relevant for understanding the health of a state's economy and its integration with overseas markets.
Key Facts
- Delaware exported over $200 million in goods to Costa Rica in 2021.
- The number of Delaware exporters to Costa Rica has increased by 25% since 2015.
- Top exported products from Delaware to Costa Rica include machinery, chemicals, and plastics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Delaware that export goods to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporters provides insights into the strength of trade ties between Delaware and Costa Rica, as well as the competitiveness of Delaware businesses in global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Trends in the number of exporters are used by economists and policymakers to understand state-level economic performance and guide decisions around trade agreements and export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, so it may not reflect the most recent trade activity. Additionally, the survey-based methodology may not capture all exporting businesses.
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Value of Exports to Costa Rica from Maryland
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Delaware (DECRIA475SCEN), retrieved from FRED.