Value of Exports to Canada from Ohio
OHCANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,561,767,364.00
Year-over-Year Change
13.28%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Canada from Ohio' measures the dollar value of goods and services exported from the U.S. state of Ohio to its northern neighbor, Canada. This metric is an important indicator of trade activity and economic integration between the two regions.
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 exports originating from the state of Ohio and destined for Canada. It reflects the strength of trade ties and commercial relationships between these economically interdependent partners.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the health of Ohio's export economy and its dependence on the Canadian market.
Key Facts
- Ohio is one of the top exporting states to Canada.
- Canada is Ohio's largest export destination.
- Exports to Canada account for over a quarter of Ohio's total exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from the U.S. state of Ohio to Canada.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength of trade ties and economic integration between Ohio and its largest export market, Canada.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Ohio's export economy and its dependence on the Canadian market.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for collection and publication by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Canada from Ohio (OHCANA052SCEN), retrieved from FRED.