Number of Identified Exporters to Colombia from Wisconsin
WICOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
374.00
Year-over-Year Change
42.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Colombia from Wisconsin tracks the count of companies located in Wisconsin that export goods to Colombia.
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 trend represents the total number of businesses in Wisconsin that sell their products or services to customers in Colombia. It provides insight into the commercial relationships and trade flows between the state of Wisconsin and the Colombian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is used by economists and policymakers to assess the strength of Wisconsin's export economy and its integration with Colombia.
Key Facts
- Wisconsin exported $258 million worth of goods to Colombia in 2021.
- The number of identified exporters from Wisconsin to Colombia has increased by 12% over the past 5 years.
- Food products and industrial machinery are the top exports from Wisconsin to Colombia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the state of Wisconsin that export goods or services to customers in Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of commercial relationships between Wisconsin and the Colombian market, which is important for understanding state-level export dynamics and trade patterns.
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: Economists and policymakers use this metric to assess the export performance of the Wisconsin economy and its integration with the Colombian market, which can inform trade policies and business development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current state of Wisconsin's exports to Colombia.
Related Trends
Value of Exports to Colombia from Oklahoma
OKCOLA052SCEN
Production: Manufacturing: Total Manufacturing for Colombia
COLPRMNTO01GYSAQ
Producer Prices Index: Type of Goods: Investments Goods: Domestic for Colombia
COLPITGVG02GYM
Number of Identified Exporters to Colombia from Missouri
MOCOLA475SCEN
Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Colombia
COLFCNODCHANUM
Infant Mortality Rate for Colombia
SPDYNIMRTINCOL
Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Wisconsin (WICOLA475SCEN), retrieved from FRED.