Value of Exports to Namibia from Ohio

OHNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

630,644.00

Year-over-Year Change

80.20%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Namibia from Ohio' measures the total value of goods and services exported from the U.S. state of Ohio to the country of Namibia. This metric is useful for analyzing Ohio's international trade patterns and contribution to the state's economic performance.

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 dollar value of all products and services shipped from Ohio to Namibia, including industrial equipment, agricultural commodities, and various consumer goods. Tracking these exports helps economists and policymakers understand Ohio's export-driven economic activity and its integration with global markets.

Methodology

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

Historical Context

Economists and trade analysts monitor state-level export data to assess the health of regional economies and the impacts of trade policies.

Key Facts

  • Ohio's exports to Namibia totaled $15.2 million in 2021.
  • Machinery and transportation equipment account for over 60% of Ohio's exports to Namibia.
  • Namibia ranks 104th among destinations for Ohio's international exports.

FAQs

Q: What does this economic trend measure?

A: This metric measures the total value of goods and services exported from the U.S. state of Ohio to the country of Namibia.

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

A: Tracking Ohio's exports to Namibia helps economists and policymakers understand the state's export-driven economic activity and integration with global markets.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Economists and trade analysts monitor state-level export data like this to assess the health of regional economies and the impacts of trade policies.

Q: Are there update delays or limitations?

A: The data is published with a delay of several months, and may not capture all shipments due to survey coverage limitations.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Namibia from Ohio (OHNAMA052SCEN), retrieved from FRED.