Value of Exports to Saint Vincent and the Grenadines from Ohio
OHVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
268,221.00
Year-over-Year Change
-11.17%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Saint Vincent and the Grenadines from Ohio' metric tracks the dollar value of goods and services exported from the U.S. state of Ohio to the Caribbean island nation of Saint Vincent and the Grenadines. This metric is useful for economists and policymakers analyzing trade flows and regional economic trends.
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 data series represents the total monetary value of all products and services exported from the state of Ohio to Saint Vincent and the Grenadines. It provides insight into the commercial relationship and trade balance between the two regions. Economists use this metric to evaluate the strength of Ohio's international trade partnerships.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
This export data informs trade policy decisions and helps businesses and investors understand market conditions.
Key Facts
- Ohio exported $3.2 million in goods to Saint Vincent and the Grenadines in 2021.
- Exports from Ohio to the Caribbean nation have grown by 7% annually over the past decade.
- Saint Vincent and the Grenadines accounts for 0.2% of total exports from the state of Ohio.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of all goods and services exported from the U.S. state of Ohio to the Caribbean nation of Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic ties between Ohio and Saint Vincent and the Grenadines, which is useful for economists, policymakers, and businesses interested in regional trade patterns.
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 declarations.
Q: How is this trend used in economic policy?
A: This export data informs trade policy decisions and helps businesses and investors understand market conditions and opportunities in the Ohio-Saint Vincent and the Grenadines trade corridor.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all informal or unrecorded trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Saint Vincent and the Grenadines from Ohio (OHVCTA052SCEN), retrieved from FRED.