Number of Identified Exporters to Belgium from Ohio
OHBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
642.00
Year-over-Year Change
-5.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Belgium from Ohio measures the count of businesses in Ohio that export goods to Belgium. This metric is valuable for understanding Ohio's trade relationships and economic competitiveness.
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 number of exporters located in Ohio that sell goods to Belgium, one of Ohio's key trading partners. The data provides insights into the scale and diversity of Ohio's export economy and can inform policymakers and businesses about market trends.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Trends in the number of Ohio exporters to Belgium are relevant for economic development, trade, and international business strategies.
Key Facts
- Ohio was the 7th largest exporting state in the U.S. in 2021.
- Belgium was Ohio's 13th largest export destination in 2021.
- Manufacturing accounts for over 80% of Ohio's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Ohio that are identified as exporting goods to Belgium.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Ohio's trade relationships and the competitiveness of its export economy, which is relevant for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Trends in the number of Ohio exporters to Belgium can inform state-level economic development strategies, trade policy, and international business initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and survey methods of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belgium from Ohio (OHBELA475SCEN), retrieved from FRED.