Value of Exports to Hong Kong from Ohio
OHHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
632,371,552.00
Year-over-Year Change
157.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Ohio' series measures the total value of goods and services exported from the U.S. state of Ohio to the special administrative region of Hong Kong. This data is crucial for understanding Ohio's trade relationships and economic connections with 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 provides insights into the commercial activity and trade flows between Ohio and Hong Kong. It is used by economists, policymakers, and businesses to assess Ohio's export performance, identify trade patterns, and inform decisions related to international commerce and economic development.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This series is relevant for understanding Ohio's trade dynamics and informing policies that aim to promote exports and strengthen economic ties with global markets.
Key Facts
- Ohio is a major exporting state, accounting for over $50 billion in annual exports.
- Hong Kong is an important trading partner for Ohio, ranking among the state's top export destinations.
- Exports to Hong Kong support thousands of jobs in Ohio's manufacturing, agriculture, and services sectors.
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 Hong Kong, a major international trading partner.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding Ohio's trade relationships and economic connections with global markets, which is essential for policymakers, businesses, and economists.
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: This series informs policies aimed at promoting exports and strengthening economic ties between Ohio and international markets like Hong Kong.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, but there may be some delays due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Ohio (OHHKGA052SCEN), retrieved from FRED.