Value of Exports to Bulgaria from Ohio
OHBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,416,993.00
Year-over-Year Change
-8.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bulgaria from Ohio' series measures the total value of goods and services exported from the U.S. state of Ohio to Bulgaria. This metric is important for assessing Ohio's trade relationship with Bulgaria and the state's overall economic performance.
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 represents the monetary value of all products and services shipped from businesses located in Ohio to customers and clients in Bulgaria. It is a key indicator of the trade flow and economic interdependence between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to evaluate Ohio's export-driven economic activity and its integration with global markets.
Key Facts
- Ohio is the 7th largest exporting state in the U.S.
- Bulgaria is Ohio's 59th largest export destination.
- Exports account for over 10% of Ohio's gross state product.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all goods and services exported from the U.S. state of Ohio to the country of Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating Ohio's trade relationship with Bulgaria and the state's overall economic performance and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess Ohio's export-driven economic activity and its connections to international trade.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions by the Census Bureau and may have a lag of several months between the reference period and publication.
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Citation
U.S. Federal Reserve, Value of Exports to Bulgaria from Ohio (OHBGRA052SCEN), retrieved from FRED.