Value of Exports to Romania from Oregon
ORROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,979,367.00
Year-over-Year Change
117.38%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Romania from Oregon' metric tracks the total value of goods and services exported from the U.S. state of Oregon to Romania. This statistic provides insight into Oregon's trade relationship with the Eastern European economy.
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 estimated dollar value of all products and services exported from Oregon businesses and producers to customers and clients in Romania. It is a key indicator of the commercial and economic ties between the two regions.
Methodology
The data is collected through surveys of Oregon exporters and compiled by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this export data to assess the health of Oregon's trade and broader economic connections with the Romanian market.
Key Facts
- Oregon exported $52.4 million in goods to Romania in 2021.
- Romania was Oregon's 51st largest export destination in 2021.
- Oregon's top exports to Romania include machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of products and services exported from the U.S. state of Oregon to customers and businesses in Romania.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from Oregon to Romania provides insight into the commercial and economic relationship between the two regions, which is useful for economists, trade analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Oregon-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Governments and institutions monitor this export data to assess the health of state-level trade relationships and inform policies that aim to promote economic growth and commercial ties.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data, and the estimates may not capture all export activity from Oregon to Romania.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Oregon (ORROUA052SCEN), retrieved from FRED.