Number of Identified Exporters to Colombia from South Dakota
SDCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
72.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Colombia from South Dakota metric tracks the count of businesses in South Dakota that export goods to 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 series provides insight into the commercial trade relationship between South Dakota and Colombia, an important emerging market. It can be used to analyze trends in South Dakota's international export activity and diversification of export destinations.
Methodology
The data is collected through surveys of South Dakota businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to assess the competitiveness of South Dakota's export sector.
Key Facts
- South Dakota exported $160 million in goods to Colombia in 2021.
- The number of identified exporters from South Dakota to Colombia has increased 25% since 2015.
- Colombia is South Dakota's 4th largest export market in Latin America.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Colombia from South Dakota metric tracks the count of businesses in South Dakota that export goods to the Colombian market.
Q: Why is this trend relevant for users or analysts?
A: This series provides insight into the commercial trade relationship between South Dakota and Colombia, an important emerging market, and can be used to analyze trends in South Dakota's international export activity and diversification of export destinations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of South Dakota businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the competitiveness of South Dakota's export sector.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag to allow for collection and processing.
Related Trends
Bank's Overhead Costs to Total Assets for Colombia
DDEI04COA156NWDB
Real Broad Effective Exchange Rate for Colombia
RBCOBIS
Bank Lending Deposit Spread for Colombia
DDEI02COA156NWDB
Number of Identified Exporters to Colombia from New Hampshire
NHCOLA475SCEN
Use of Financial Services: Number of Loan Accounts at Other Deposit Takers for Colombia
COLFCNODDNUM
Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for Colombia
COLLREM25MASTSAM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from South Dakota (SDCOLA475SCEN), retrieved from FRED.