Number of Identified Exporters to Colombia from Nevada
NVCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.00
Year-over-Year Change
42.22%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Nevada' trend measures the count of Nevada-based companies that export goods to Colombia. This metric is important for economists and policymakers to analyze trade patterns and the competitiveness of local businesses in the global marketplace.
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 state of Nevada that ship goods to Colombia. It provides insight into the level of commercial activity and economic integration between the two regions. The data can be used to assess the trade relationship and identify opportunities for export growth.
Methodology
The data is collected through surveys of businesses and customs records.
Historical Context
This trend is relevant for monitoring Nevada's export performance and informing trade policies.
Key Facts
- Nevada exported over $200 million in goods to Colombia in 2021.
- The number of Nevada exporters to Colombia has grown by 15% since 2015.
- Top export categories from Nevada to Colombia include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in the U.S. state of Nevada that export goods to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Nevada and Colombia, which is important for understanding the competitiveness of local businesses in the global marketplace and informing relevant trade policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend is relevant for monitoring Nevada's export performance and informing trade policies between the United States and Colombia.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags, and the survey methodology can limit the completeness of the exporter count.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Nevada (NVCOLA475SCEN), retrieved from FRED.