Value of Exports to Belarus from Ohio
OHBLRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,966,869.00
Year-over-Year Change
2735.21%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Belarus from Ohio' series measures the total dollar value of goods and services exported from the U.S. state of Ohio to the country of Belarus. This data provides insights into trade flows and economic relationships between regions.
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 indicator tracks the value of export activity from Ohio, a major industrial and agricultural state, to Belarus, a former Soviet republic. The data is used by economists, policymakers, and businesses to analyze regional trade dynamics and inform decisions around international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in Ohio's exports to Belarus can reflect broader changes in U.S.-Belarus trade policy and economic conditions.
Key Facts
- Ohio is a leading U.S. exporter, accounting for over $50 billion in annual exports.
- Belarus was the 80th largest destination for U.S. exports in 2021.
- Exports to Belarus make up a small fraction of Ohio's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of goods and services exported from the U.S. state of Ohio to the country of Belarus.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Ohio's exports to Belarus provides insights into trade flows and economic relationships between these regions, which can inform business and policy decisions.
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: Trends in Ohio's exports to Belarus can reflect broader changes in U.S.-Belarus trade policy and economic conditions, which are tracked by economists and policymakers.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all export activity between Ohio and Belarus.
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Citation
U.S. Federal Reserve, Value of Exports to Belarus from Ohio (OHBLRA052SCEN), retrieved from FRED.