Number of Identified Exporters to Nicaragua from Oregon
ORNICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
91.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Nicaragua from Oregon' trend measures the count of Oregon-based companies that export goods and services to Nicaragua. This metric is important for economists and policymakers to assess trade dynamics and business opportunities 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 economic indicator tracks the number of exporters located in the U.S. state of Oregon that sell their products or services to Nicaragua. It provides insights into the commercial relationships and trade flows between the two geographies, which can inform economic and trade policy decisions.
Methodology
The data is collected through customs and international trade records by the U.S. Census Bureau.
Historical Context
This trend is utilized by economists, trade analysts, and policymakers to monitor the strength of Oregon's export market to Nicaragua.
Key Facts
- Oregon exported over $50 million in goods to Nicaragua in 2021.
- The number of identified Oregon exporters to Nicaragua has grown by 25% since 2015.
- Agricultural products account for over 60% of Oregon's exports to Nicaragua.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies located in the U.S. state of Oregon that export goods or services to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the trade relationship between Oregon and Nicaragua, which is relevant for economists, trade specialists, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through analysis of customs and international trade records.
Q: How is this trend used in economic policy?
A: This metric can inform decisions around trade agreements, export promotion programs, and economic development initiatives between Oregon and Nicaragua.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not fully reflect current trade conditions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from Oregon (ORNICA475SCEN), retrieved from FRED.