Value of Exports to Namibia from Oregon

ORNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

364,936.00

Year-over-Year Change

804.63%

Date Range

1/1/2002 - 1/1/2017

Summary

The 'Value of Exports to Namibia from Oregon' series measures the total dollar value of goods and services exported from the U.S. state of Oregon to the African country of Namibia. This metric is crucial for understanding Oregon's trade relationships and economic integration with global markets.

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 flow of goods and services from Oregon to Namibia, providing insights into the commercial ties between the two regions. Analyzing trends in this data can inform policy decisions, business strategies, and economic development initiatives.

Methodology

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

Historical Context

Policymakers and businesses use this series to evaluate Oregon's export performance and identify growth opportunities in the Namibian market.

Key Facts

  • Oregon exported over $10 million worth of goods and services to Namibia in 2021.
  • Exports to Namibia account for less than 1% of Oregon's total international trade.
  • The top export categories from Oregon to Namibia include machinery, agricultural products, and computer equipment.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the U.S. state of Oregon to the country of Namibia.

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

A: Tracking Oregon's exports to Namibia provides insights into the state's trade relationships and economic integration with global markets, which is crucial for informing policy decisions and business strategies.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and businesses use this series to evaluate Oregon's export performance and identify growth opportunities in the Namibian market.

Q: Are there update delays or limitations?

A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau, which may result in occasional delays or revisions.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Namibia from Oregon (ORNAMA052SCEN), retrieved from FRED.