Value of Exports to Rwanda from Ohio
OHRWAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
327,018.00
Year-over-Year Change
73.30%
Date Range
1/1/2009 - 1/1/2017
Summary
The 'Value of Exports to Rwanda from Ohio' metric tracks the dollar value of goods and services exported from the U.S. state of Ohio to the country of Rwanda. This economic indicator provides insight into trade flows and commercial relationships between the two regions.
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 total value of exports, including goods and services, originating from the state of Ohio and destined for Rwanda. It is an important metric for understanding Ohio's participation in the global economy and its trade dynamics with African markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policy makers and analysts use this export data to assess Ohio's economic competitiveness and integration with international markets.
Key Facts
- Ohio is one of the top exporting states in the U.S.
- Rwanda is a fast-growing economy in East Africa.
- Exports support thousands of jobs in Ohio.
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 country of Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Ohio's trade relationships and economic integration with African markets, which is important for assessing the state's economic competitiveness.
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: Policymakers and analysts use this export data to evaluate Ohio's participation in the global economy and inform decisions related to trade, economic development, and competitiveness.
Q: Are there update delays or limitations?
A: There may be a lag of several months between the reference period and data publication, and the data may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Rwanda from Ohio (OHRWAA052SCEN), retrieved from FRED.