Value of Exports to Colombia from Washington
WACOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
335,349,373.00
Year-over-Year Change
1022.97%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Colombia from Washington' tracks the total dollar value of goods and services exported from the U.S. state of Washington to the country of Colombia. This metric provides insight into the commercial relationship between the two economies.
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 economic series measures the value of all exported products and services originating from the state of Washington and destined for Colombia. It reflects the overall level of trade and commercial activity between the two regions, which is of interest to policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in this export value are used to assess the health of Washington's trade relationship with Colombia and the broader economic ties between the United States and Colombia.
Key Facts
- Washington is the 5th largest exporting state in the U.S.
- Colombia is the 20th largest export destination for the U.S.
- Exports from Washington to Colombia totaled $386 million in 2021.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the U.S. state of Washington to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between the Washington and Colombian economies, which is of interest to policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Trends in this export value are used to assess the health of Washington's trade relationship with Colombia and the broader economic ties between the United States and Colombia.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag.
Related Trends
Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Colombia
COLPITGIG02GYM
Outstanding Domestic Public Debt Securities to GDP for Colombia
DDDM04COA156NWDB
Production: Industry: Total Industry Excluding Construction for Colombia
COLPRINTO01GPSAM
Bank Regulatory Capital to Risk-Weighted Assets for Colombia
DDSI05COA156NWDB
Value of Exports to Colombia from Connecticut
CTCOLA052SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Colombia
COLCP120000IXOBM
Citation
U.S. Federal Reserve, Value of Exports to Colombia from Washington (WACOLA052SCEN), retrieved from FRED.