Value of Exports to Colombia from Indiana
INCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148,811,849.00
Year-over-Year Change
426.60%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Colombia from Indiana measures the dollar value of goods and services shipped from Indiana to Colombia. This metric is important for understanding Indiana's international trade relationships and economic performance.
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 value of exports originating from the state of Indiana and destined for Colombia. It provides insight into the trade flows and economic ties between Indiana and one of its key international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
Policymakers and businesses use this metric to gauge Indiana's export competitiveness and the state's integration with the Colombian market.
Key Facts
- Indiana exported $1.2 billion worth of goods to Colombia in 2021.
- Colombia is Indiana's 12th largest export market globally.
- Machinery, motor vehicles, and pharmaceuticals are Indiana's top exports to Colombia.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Colombia from Indiana measures the total dollar value of goods and services shipped from the state of Indiana to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Indiana's trade relationship with an important international market and can be used to assess the state's export performance and economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this information to evaluate Indiana's export competitiveness and the state's economic ties with the Colombian market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several months.
Related Trends
Value of Exports to Colombia from Iowa
IACOLA052SCEN
Value of Exports to Colombia from Connecticut
CTCOLA052SCEN
Number of Identified Exporters to Colombia from West Virginia
WVCOLA475SCEN
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Colombia
COLCP040400IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Colombia
COLCP030000GYM
Value of Exports to Colombia from Oregon
ORCOLA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Colombia from Indiana (INCOLA052SCEN), retrieved from FRED.