Number of Identified Exporters to Colombia from Virginia
VACOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
245.00
Year-over-Year Change
40.80%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of identified exporters from the U.S. state of Virginia to the country of Colombia. It provides insights into trade and commercial activity between the two regions.
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
The Number of Identified Exporters to Colombia from Virginia metric represents the count of unique companies or entities based in Virginia that are actively exporting goods or services to the Colombian market. This data point is useful for analyzing trade flows, identifying economic opportunities, and assessing the health of commercial relationships.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
This metric is relevant for policymakers, trade organizations, and businesses seeking to understand patterns in regional and international commerce.
Key Facts
- Virginia exported over $300 million in goods to Colombia in 2021.
- The number of identified Virginia exporters to Colombia has increased by 25% since 2015.
- Top export categories from Virginia to Colombia include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the number of unique businesses or entities located in the U.S. state of Virginia that are actively exporting products or services to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and trends of trade activity between Virginia and Colombia, which can inform economic development strategies, investment decisions, and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations can use this data to identify opportunities for strengthening commercial relationships, negotiating trade agreements, and supporting exporting businesses.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but there may be a several month delay in the most recent figures being available.
Related Trends
Use of Financial Services: Number of Depositors at Credit Unions and Financial Cooperatives for Colombia
COLFCDODUPENUM
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Colombia
COLFCLODCXDC
Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Colombia
COLBCBUTE02STSAQ
Value of Exports to Colombia from Maryland
MDCOLA052SCEN
International Trade: Imports: Value (Goods): Total for Colombia
COLXTIMVA01STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Colombia
COLCP040000GYQ
Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Virginia (VACOLA475SCEN), retrieved from FRED.