Number of Identified Exporters to Bulgaria from Ohio
OHBGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.00
Year-over-Year Change
3.39%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bulgaria from Ohio' series tracks the total number of businesses located in Ohio that export goods to Bulgaria. This metric provides insights into the trade dynamics between Ohio and the Bulgarian market.
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 measures the count of unique exporting entities based in Ohio that have reported direct exports to Bulgaria. It is used by economists and policymakers to analyze Ohio's export activity and its engagement with the Bulgarian economy.
Methodology
The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Historical Context
This trend informs analyses of Ohio's export performance and competitiveness in international markets.
Key Facts
- Ohio was the 7th largest exporting state in the U.S. in 2021.
- Exports account for over 10% of Ohio's gross state product.
- Bulgaria was Ohio's 44th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Ohio that export goods directly to Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Ohio's trade engagement with the Bulgarian market, which is useful for analyzing the state's export performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend informs analyses of Ohio's export activity and competitiveness, which can inform state-level economic development and trade policies.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting due to international trade reporting timelines.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bulgaria from Ohio (OHBGRA475SCEN), retrieved from FRED.