Value of Exports to Colombia from South Dakota
SDCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,922,797.00
Year-over-Year Change
876.76%
Date Range
1/1/1997 - 1/1/2017
Summary
The Value of Exports to Colombia from South Dakota tracks the dollar value of goods and services exported from South Dakota to the country of Colombia. This metric is important for understanding South Dakota's trade relationships and economic connections with international markets.
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 measures the monetary value of all products and services exported from the state of South Dakota to the nation of Colombia. It provides insight into the trade flows and commercial activities between these two economies, which is useful for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Historical Context
This export value trend is utilized by economists and trade experts to assess South Dakota's export performance and integration with the Colombian market.
Key Facts
- South Dakota exported $XXX million worth of goods and services to Colombia in 20XX.
- Colombia was South Dakota's Xth largest export destination in 20XX.
- Top exported products from South Dakota to Colombia include [examples].
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the state of South Dakota to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This export value metric provides insight into South Dakota's trade relationship and economic connections with the Colombian market, which is useful for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: This export value trend is utilized by economists and trade experts to assess South Dakota's export performance and integration with the Colombian market, which can inform economic policies and strategies.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the reporting of this data, and the figures may be subject to revisions by the collecting agency.
Related Trends
Exchange Rate Adjusted Changes of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in Colombia
DSAMRIAOGGERCO
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Colombia
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Value of Exports to Colombia from Delaware
DECOLA052SCEN
Balance of Payments: Current account balance (credit less debit) for Colombia
COLBCAGDPBP6
International Merchandise Trade Statistics: Trade Balance: Commodities for Colombia
COLXTNTVA01NCMLSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: 15 Years or over for Colombia
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Citation
U.S. Federal Reserve, Value of Exports to Colombia from South Dakota (SDCOLA052SCEN), retrieved from FRED.