Number of Identified Exporters to Colombia from Iowa
IACOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.00
Year-over-Year Change
53.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Iowa' measures the count of businesses located in Iowa that are known to export goods to Colombia. This trend provides insights into the trade relationship between Iowa and the Colombian market.
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 series tracks the number of exporters based in Iowa that sell their products to Colombian consumers and businesses. It offers a perspective on the level of commercial activity and trade flows between the state of Iowa and the South American country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Historical Context
This trend is used by economists and policymakers to assess the export dynamics and competitiveness of Iowa's businesses in the Colombian market.
Key Facts
- Iowa exported over $200 million in goods to Colombia in 2021.
- The number of identified Iowa exporters to Colombia has grown by 15% since 2015.
- Top export categories from Iowa to Colombia include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Iowa that are identified as exporting goods to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Iowa and the Colombian market, which is important for understanding regional economic dynamics and export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the export performance and trade patterns of Iowa's businesses in the Colombian market, which can inform policies related to international trade and economic development.
Q: Are there update delays or limitations?
A: There may be delays of several months in the availability of the latest data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Iowa (IACOLA475SCEN), retrieved from FRED.