Value of Exports to Colombia from Missouri

MOCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

46,216,136.00

Year-over-Year Change

38.34%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Colombia from Missouri' metric tracks the total value of goods and services exported from the U.S. state of Missouri to the country of Colombia. This data provides insights into Missouri's international trade activity and commercial relationships.

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 dollar value of all merchandise and services exported from the state of Missouri to Colombia. It is a key indicator of Missouri's export-based economic activity and can inform analyses of the state's trade dynamics and competitiveness in global markets.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.

Historical Context

Policymakers and economists use this metric to assess Missouri's export performance and the state's economic integration with the Colombian market.

Key Facts

  • Missouri exported $302 million worth of goods and services to Colombia in 2021.
  • Exports to Colombia account for 1.2% of Missouri's total international trade.
  • Top Missouri exports to Colombia include agricultural products, machinery, and transportation equipment.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total value of exports from the U.S. state of Missouri to the country of Colombia, providing insights into Missouri's international trade activity.

Q: Why is this trend relevant for users or analysts?

A: This data is useful for understanding Missouri's export performance and economic integration with the Colombian market, which can inform policy decisions and business strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Missouri's export competitiveness and the state's economic ties with Colombia, which can inform trade policies and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 month delay, and may be subject to revisions as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Colombia from Missouri (MOCOLA052SCEN), retrieved from FRED.