Value of Exports to Netherlands from Ohio
OHNLDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
662,158,510.00
Year-over-Year Change
10.90%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Netherlands from Ohio' metric tracks the total value of goods and services exported from the U.S. state of Ohio to the Netherlands. This data provides insights into trade flows and economic activity between Ohio and this major trading partner.
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 measures the dollar value of all physical goods and services exported from Ohio to the Netherlands in a given time period. It is an important indicator of the strength of the economic relationship between the two regions and can inform policymakers and businesses about trade dynamics.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Economists and policymakers use this metric to monitor the health of Ohio's export sector and its trading relationship with the Netherlands.
Key Facts
- Ohio is the 7th largest exporting state in the U.S.
- The Netherlands is Ohio's 5th largest export destination.
- Exports from Ohio to the Netherlands totaled $2.3 billion in 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Ohio to the Netherlands in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic activity between Ohio and the Netherlands, a major trading partner. It is useful for policymakers, businesses, and economists monitoring regional export dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to monitor the health of Ohio's export sector and its trading relationship with the Netherlands, which can inform trade policy decisions.
Q: Are there update delays or limitations?
A: There may be a several month delay in data availability due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Netherlands from Ohio (OHNLDA052SCEN), retrieved from FRED.