Value of Exports to Senegal from Oregon
ORSENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,179.00
Year-over-Year Change
-91.63%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Senegal from Oregon' trend measures the total dollar value of goods and services exported from the U.S. state of Oregon to the West African nation of Senegal. This metric is a key indicator of Oregon's trade relationship and economic engagement with the Senegalese market.
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 series tracks the monetary value of all products and services that are sent from Oregon-based businesses and producers to consumers and enterprises in Senegal. It provides insight into the scale and dynamics of Oregon's export activity with this important African trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to assess Oregon's export performance and competitiveness in the Senegalese market.
Key Facts
- Oregon exported over $20 million in goods and services to Senegal in 2021.
- Senegal is Oregon's 65th largest export destination worldwide.
- Top Oregon exports to Senegal include agricultural products, machinery, and chemicals.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Senegal from Oregon' series tracks the total monetary value of all products and services exported from the U.S. state of Oregon to the nation of Senegal.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and dynamics of Oregon's trade relationship with the Senegalese market, which is useful for policymakers, businesses, and economists analyzing the state's export performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting firms and customs declarations.
Q: How is this trend used in economic policy?
A: Governments, trade associations, and analysts use this series to assess Oregon's export competitiveness and inform policies aimed at promoting international trade.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in publishing this data, and the figures may not capture all informal or unrecorded trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Senegal from Oregon (ORSENA052SCEN), retrieved from FRED.