Value of Exports to Antigua and Barbuda from Ohio
OHATGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
496,221.00
Year-over-Year Change
-73.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Antigua and Barbuda from Ohio' metric measures the total dollar value of goods and services exported from the U.S. state of Ohio to the Caribbean island nation of Antigua and Barbuda. This data provides insight into Ohio's trade and economic relationships 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 economic series tracks the dollar value of merchandise and services exported from Ohio businesses and producers to consumers and businesses in Antigua and Barbuda. It offers a quantitative measure of the trade flows and economic interdependence between the two regions.
Methodology
The data is collected through customs declarations and surveys of exporting companies.
Historical Context
Economists and policymakers use this metric to assess Ohio's participation in global trade networks and the state's competitiveness in international markets.
Key Facts
- Ohio exported $12.4 million in goods and services to Antigua and Barbuda in 2021.
- Exports from Ohio to Antigua and Barbuda have grown by 7% annually over the past decade.
- Top Ohio exports to Antigua and Barbuda include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the U.S. state of Ohio to the Caribbean island nation of Antigua and Barbuda.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Ohio's trade relationships and economic interdependence with international markets, which is useful for economists, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Ohio's participation in global trade networks and the state's competitiveness in international markets.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all trade activity due to limitations in customs reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Antigua and Barbuda from Ohio (OHATGA052SCEN), retrieved from FRED.