Value of Exports to Cook Islands from Ohio

OHCOKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

39,668.00

Year-over-Year Change

92.64%

Date Range

1/1/2005 - 1/1/2007

Summary

The Value of Exports to Cook Islands from Ohio measures the total value of goods and services exported from the U.S. state of Ohio to the Pacific island nation of Cook Islands. This metric is important for economists and policymakers to assess Ohio's trade relationships and competitiveness in 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 all products and services shipped from Ohio to Cook Islands, a United States territory in the South Pacific. It provides insight into the trade flows and commercial ties between the state and this remote island economy.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.

Historical Context

Trends in Ohio's exports to Cook Islands can inform economic development strategies and trade policy decisions.

Key Facts

  • Ohio is a major exporting state, with over $50 billion in annual goods exports.
  • Cook Islands has a population of just 17,000 but is an important market for some Ohio industries.
  • Exports to Cook Islands account for less than 0.1% 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 remote Pacific island nation of Cook Islands.

Q: Why is this trend relevant for users or analysts?

A: Monitoring Ohio's exports to Cook Islands provides insights into the state's international trade relationships and competitiveness in niche foreign markets.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through surveys of exporting companies and customs declarations.

Q: How is this trend used in economic policy?

A: Trends in Ohio's exports to Cook Islands can inform state-level economic development strategies and guide national trade policy decisions.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the small size of the Cook Islands market limits the broader economic significance of this specific trade flow.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Cook Islands from Ohio (OHCOKA052SCEN), retrieved from FRED.