Value of Exports to Portugal from Ohio
OHPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,408,463.00
Year-over-Year Change
15.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Portugal from Ohio' measures the dollar value of goods and services exported from the U.S. state of Ohio to Portugal. This economic indicator provides insight into international trade patterns and Ohio's engagement with the Portuguese market.
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 total value of exports originating from Ohio and destined for Portugal. It serves as an important measure of Ohio's economic integration with the Portuguese economy and can be used to analyze trends in the state's export performance and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.
Historical Context
Policymakers and economists monitor this trend to assess Ohio's trade relationships and the state's overall export activity.
Key Facts
- Ohio is one of the top exporting states in the U.S.
- Portugal is an important trading partner for many U.S. states.
- Exports play a crucial role in Ohio's economy.
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 Portugal.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Ohio's trade relationship with Portugal and can be used to analyze the state's export performance and competitiveness in international markets.
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 sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess Ohio's trade relationships and the state's overall export activity, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the Census Bureau, and may have a delay in availability compared to the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from Ohio (OHPRTA052SCEN), retrieved from FRED.