Value of Exports to Christmas Island from Ohio

OHCXRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

108,148.00

Year-over-Year Change

0.00%

Date Range

1/1/2008 - 1/1/2008

Summary

The Value of Exports to Christmas Island from Ohio measures the total value of goods and services exported from the state of Ohio to the remote Australian territory of Christmas Island. This metric is important for understanding Ohio's international trade dynamics and economic connections.

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 tracks the dollar value of exports originating from Ohio businesses and sent to the small island nation of Christmas Island, which is an external territory of Australia. Economists and policymakers use this data to analyze Ohio's export markets and trade relationships.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Trends in Ohio's exports to Christmas Island can provide insights into the state's economic competitiveness and integration with global markets.

Key Facts

  • Christmas Island is a tiny Australian territory in the Indian Ocean.
  • Ohio is a major exporting state, ranking 7th nationally by export value.
  • Exports to Christmas Island account for a very small fraction of Ohio's total exports.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the U.S. state of Ohio to the remote Australian territory of Christmas Island.

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

A: Tracking Ohio's exports to Christmas Island provides insights into the state's international trade relationships and economic connections, which is relevant for economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: Trends in Ohio's exports to Christmas Island can inform analysis of the state's economic competitiveness and integration with global markets, which is relevant for policymakers.

Q: Are there update delays or limitations?

A: There may be delays in reporting due to the data collection process, and the small volume of exports to Christmas Island means the trend can be volatile.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Christmas Island from Ohio (OHCXRA052SCEN), retrieved from FRED.