Value of Exports to Samoa from Ohio

OHWSMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

47,464.00

Year-over-Year Change

300.98%

Date Range

1/1/2002 - 1/1/2017

Summary

The 'Value of Exports to Samoa from Ohio' trend measures the dollar value of goods and services exported from the U.S. state of Ohio to the Pacific island nation of Samoa. This metric is important for understanding Ohio's trading relationships and economic integration within the global 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 series tracks the total value of merchandise and services exported from Ohio to Samoa. It provides insight into the commercial ties and trade flows between the two economies, which is useful for policymakers, businesses, and economic analysts.

Methodology

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

Historical Context

Economists and trade experts monitor this trend to assess Ohio's export performance and the state's competitiveness in international markets.

Key Facts

  • Ohio is a major exporting state in the U.S.
  • Samoa is a small island nation in the South Pacific.
  • Exports to Samoa make up a small fraction of Ohio's total exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services exported from the U.S. state of Ohio to the country of Samoa.

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

A: This trend provides insight into Ohio's trading relationships and export performance, which is important for understanding the state's economic integration and competitiveness in global markets.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend to assess Ohio's export dynamics and trade flows, which can inform decisions about economic development, trade policy, and business support programs.

Q: Are there update delays or limitations?

A: The data is subject to the typical update schedule and potential revisions of the U.S. Census Bureau's trade statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Samoa from Ohio (OHWSMA052SCEN), retrieved from FRED.