Value of Exports to Fiji from Ohio
OHFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,215,789.00
Year-over-Year Change
387.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Ohio' series measures the total dollar value of goods and services exported from the U.S. state of Ohio to the country of Fiji. This metric is important for economists and policymakers to understand Ohio's international trade patterns and economic relationships.
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 data series tracks the monetary value of all products and services that businesses and individuals in Ohio export to Fiji. It provides insight into the scale and trends of Ohio's export activity with this specific trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other export declarations.
Historical Context
This metric can inform state and federal trade policy decisions and help businesses in Ohio assess market opportunities in Fiji.
Key Facts
- Ohio exported over $20 million in goods and services to Fiji in 2021.
- Exports to Fiji account for less than 0.1% of total Ohio exports.
- Machinery and agricultural products are major Ohio exports to Fiji.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and services exported from the U.S. state of Ohio to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Ohio's international trade relationships and can inform state and federal economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other export declarations.
Q: How is this trend used in economic policy?
A: This export value data can help policymakers and businesses assess market opportunities and inform trade policy between Ohio and Fiji.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag and may not capture all export activity due to limitations in business reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Ohio (OHFJIA052SCEN), retrieved from FRED.