Value of Exports to Burundi from Ohio
OHBDIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,440.00
Year-over-Year Change
-1.87%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Value of Exports to Burundi from Ohio' series measures the dollar value of goods and services exported from the U.S. state of Ohio to the African nation of Burundi. This metric is important for understanding Ohio's trade dynamics and broader economic relationships.
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 tracks the total value of exports originating from Ohio and destined for Burundi. It provides insight into the commercial activity and economic linkages between these geographies, which can inform business strategy, policymaking, and academic research.
Methodology
The data is collected by the U.S. Census Bureau through surveys of firms engaged in international trade.
Historical Context
Policymakers and economists use this series to analyze Ohio's export performance and trade competitiveness in African markets.
Key Facts
- Ohio is a leading U.S. exporter to Burundi.
- Exports to Burundi account for a small but growing share of Ohio's total international trade.
- Trade with Burundi supports jobs and economic activity in Ohio.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Ohio to the country of Burundi.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Ohio's trade relationships and economic linkages with the African market of Burundi, which can inform business strategies, policymaking, and academic research.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of firms engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to analyze Ohio's export performance and trade competitiveness in African markets.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all informal or unrecorded trade activity between Ohio and Burundi.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises (SME) Deposits with Commercial Banks for Burundi
BDIFCLODCSGGDPPT
Use of Financial Services: Number of Depositors which are Households at Commercial Banks for Burundi
BDIFCDODCHPENUM
Population, Total for Burundi
POPTOTBI52647NWDB
Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Burundi
BDIFCSMMFXDC
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Burundi
BDIFCNODCANUM
Use of Financial Services: Number of Loan Accounts at Commercial Banks for Burundi
BDIFCNODCNUM
Citation
U.S. Federal Reserve, Value of Exports to Burundi from Ohio (OHBDIA052SCEN), retrieved from FRED.