Value of Exports to Russia from Oregon

ORRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

51,100,984.00

Year-over-Year Change

31.63%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Russia from Oregon' series measures the total dollar value of goods exported from the state of Oregon to Russia. This metric is important for economists and policymakers to assess the impact of trade relationships and economic sanctions.

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 tracks the value of physical goods shipped from Oregon to Russia, including agricultural products, machinery, and other commodities. It provides insight into the trade dynamics between the state and a major global economy, which can inform analysis of regional economic performance and international policy decisions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporters.

Historical Context

Policymakers and market analysts use this series to evaluate the effects of economic and political events on Oregon's export economy.

Key Facts

  • Oregon exported $36.5 million in goods to Russia in 2021.
  • Exports to Russia account for less than 1% of Oregon's total international trade.
  • Agriculture products make up the largest share of Oregon's exports to Russia.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of physical goods exported from the state of Oregon to Russia.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the trade dynamics between Oregon and a major global economy, which can inform analysis of regional economic performance and international policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporters.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this series to evaluate the effects of economic and political events on Oregon's export economy.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, but may have a short delay before becoming available.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Russia from Oregon (ORRUSA052SCEN), retrieved from FRED.