Value of Exports to Malawi from Ohio
OHMWIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
425,670.00
Year-over-Year Change
347.97%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Malawi from Ohio' trend measures the value of goods and services exported from the U.S. state of Ohio to the country of Malawi. This metric is important for understanding Ohio's trading relationships and economic ties with African 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 series tracks the dollar value of all products and services exported from Ohio businesses and manufacturers to customers in Malawi. It provides insight into the commercial activity and trade flows between the state and this East African nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Ohio exporters.
Historical Context
Policymakers and trade analysts use this metric to assess Ohio's export performance and commercial engagement with developing African economies.
Key Facts
- Ohio is one of the top exporting states in the U.S.
- Malawi is a low-income country in southeastern Africa.
- Exports support thousands of jobs in Ohio's manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Ohio to the country of Malawi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Ohio's trade relationships and commercial ties with African markets, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Ohio-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Ohio's export performance and engagement with developing economies in Africa.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures formal, recorded trade flows from Ohio to Malawi.
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Citation
U.S. Federal Reserve, Value of Exports to Malawi from Ohio (OHMWIA052SCEN), retrieved from FRED.