Number of Identified Exporters to Burundi from Ohio
OHBDIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend tracks the number of identified exporters from the U.S. state of Ohio to the country of Burundi, providing insights into Ohio's export activity with this African nation.
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 Burundi from Ohio data series is a measure of the commercial trade relationships between Ohio-based businesses and Burundi. It offers economic analysts a view into the scale and trends of Ohio's export sector with this specific international market.
Methodology
The data is collected through surveys and administrative records on international trade activities.
Historical Context
This metric is used by policymakers and trade organizations to monitor the health of Ohio's export economy and guide decisions on market development initiatives.
Key Facts
- Ohio is a major exporting state, accounting for over $50 billion in annual merchandise exports.
- Burundi is a small, landlocked country in central Africa with a population of over 12 million.
- The number of identified Ohio exporters to Burundi has fluctuated between 10-20 in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in the U.S. state of Ohio that have been identified as exporting goods or services to the country of Burundi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and trends of Ohio's export relationships with the Burundi market, which can inform economic development strategies and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on international trade activities.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this metric to monitor the health of Ohio's export economy and guide decisions on market development initiatives.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters, which may not reflect the full extent of trade between Ohio and Burundi.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Burundi from Ohio (OHBDIA475SCEN), retrieved from FRED.