Number of Identified Exporters to Colombia from Nebraska
NECOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.00
Year-over-Year Change
41.03%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Nebraska' trend measures the count of businesses located in Nebraska that export goods and services to Colombia. This metric provides insights into the trade relationship between Nebraska 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 data series tracks the total number of Nebraska-based companies that have been identified as exporting to Colombia. It offers a gauge of the export activity and economic connections between the state and this key South American trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
This trend is useful for policymakers, trade analysts, and businesses to monitor the scope of Nebraska's commercial ties with Colombia.
Key Facts
- Nebraska exported over $78 million in goods to Colombia in 2021.
- The number of identified Nebraska exporters to Colombia has grown by 25% since 2015.
- Colombia is Nebraska's 8th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in Nebraska that have been identified as exporting goods or services to Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and growth of Nebraska's commercial relationship with the Colombian market, which is valuable for trade policy, investment decisions, and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials can use this data to monitor and support Nebraska's export activities and trade ties with Colombia, a key South American trading partner.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting, and only captures identified exporters, not the full universe of Nebraska businesses trading with Colombia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Nebraska (NECOLA475SCEN), retrieved from FRED.