Value of Exports to Chad from Ohio
OHTCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,806.00
Year-over-Year Change
-53.00%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Chad from Ohio' series tracks the total value of merchandise exports from the U.S. state of Ohio to the African nation of Chad. This metric is a key indicator of Ohio's trade relationship with Chad and broader economic ties.
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, published by the U.S. Census Bureau, captures the dollar value of physical goods and products shipped from Ohio to Chad over a given time period. It provides insight into the scale and direction of trade flows between the two economies, which is relevant for policymakers, businesses, and economists analyzing regional trade patterns.
Methodology
The data is collected through mandatory surveys of U.S. exporters and compiled by the Census Bureau.
Historical Context
This export data informs analysis of Ohio's trade performance and market access in Africa.
Key Facts
- Ohio is a major U.S. exporting state.
- Chad is a landlocked country in central Africa.
- Exports from Ohio to Chad peaked in 2015.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise exports from the U.S. state of Ohio to the African nation of Chad over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between Ohio and Chad, which is valuable information for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through mandatory surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export data informs analysis of Ohio's trade performance and market access in Africa, which is relevant for regional economic development policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based collection process.
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Citation
U.S. Census Bureau, Value of Exports to Chad from Ohio (OHTCDA052SCEN), retrieved from FRED.