Value of Exports to Colombia from Ohio
OHCOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150,450,316.00
Year-over-Year Change
117.06%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Colombia from Ohio' trend measures the total value of goods and services exported from the U.S. state of Ohio to the country of Colombia. This metric is important for economists and policymakers to track trade flows and the economic relationship between the two 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 series represents the total value, in U.S. dollars, of all commodities and services exported from the state of Ohio to Colombia. It is used to analyze Ohio's export performance and trade linkages with the Colombian market over time.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this trend to assess the strength of economic ties between Ohio and Colombia and to inform decisions on trade agreements and policies.
Key Facts
- Ohio is the 7th largest exporting state in the U.S.
- Colombia is the 20th largest trade partner for the U.S.
- Exports from Ohio to Colombia have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Ohio to the country of Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to track trade flows and the economic relationship between Ohio and Colombia.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to assess the strength of economic ties between Ohio and Colombia and to inform decisions on trade agreements and policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-month lag, and may be subject to revisions.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Colombia
COLCP040200GYQ
Use of Financial Services, Liabilities: Outstanding Deposits at Credit Unions and Financial Cooperatives for Colombia
COLFCLODUXDC
International Trade: Net Trade: Value (Goods): Total for Colombia
COLXTNTVA01STSAQ
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Colombia
COLFCBODDNUM
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Colombia
COLLFEM55FESTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for Colombia
COLLFINTTMASTM
Citation
U.S. Federal Reserve, Value of Exports to Colombia from Ohio (OHCOLA052SCEN), retrieved from FRED.