Number of Identified Exporters to Australia from Ohio
OHAUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,512.00
Year-over-Year Change
13.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Australia from Ohio' series tracks the total number of businesses located in Ohio that export goods to Australia. This metric provides insights into the trade relationship between Ohio and Australia.
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, published by the U.S. Census Bureau, measures the count of unique enterprises based in Ohio that have reported exporting products to Australia. It offers a perspective on the commercial connections between the state of Ohio and the Australian market.
Methodology
The data is collected through mandatory exporter surveys and customs declarations.
Historical Context
This trend is used by economists and policymakers to monitor Ohio's export activity and commercial ties with key international markets.
Key Facts
- Ohio is a major exporting state, ranking 7th nationally by value of exports.
- Australia is Ohio's 14th largest export destination, receiving $1.3 billion in goods annually.
- The top Ohio exports to Australia include machinery, chemicals, and motor vehicles.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Ohio that export goods to Australia. It provides insight into the trade relationship between Ohio and the Australian market.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for economists and policymakers to monitor Ohio's export activity and commercial ties with key international markets like Australia.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys and customs declarations.
Q: How is this trend used in economic policy?
A: This trend is used by analysts to assess Ohio's export performance and identify opportunities to expand trade with Australia, a significant trading partner for the state.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and survey response rates of the U.S. Census Bureau.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Australia from Ohio (OHAUSA475SCEN), retrieved from FRED.