Number of Identified Exporters to the Democratic Republic of the Congo from Ohio
OHCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the Democratic Republic of the Congo from the U.S. state of Ohio. It provides insights into Ohio's trade relationships and economic connections with the African nation.
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
The Number of Identified Exporters to the Democratic Republic of the Congo from Ohio metric tracks companies and individuals based in Ohio who report exporting goods or services to the DRC. This data is useful for understanding Ohio's commercial ties and export activity with a key African trading partner.
Methodology
The data is collected through surveys and reporting by the U.S. Census Bureau.
Historical Context
This trend can inform policymakers and businesses about Ohio's export dynamics and market opportunities.
Key Facts
- Ohio was the 7th largest exporting state in the U.S. in 2021.
- The DRC is Ohio's 58th largest export destination globally.
- Exports to the DRC account for less than 0.1% of total Ohio exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters based in the U.S. state of Ohio that export goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Ohio's trade relationships and economic connections with the DRC, a key African trading partner. It can inform policymakers and businesses about export dynamics and market opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and businesses about Ohio's export activities and help identify trade opportunities with the DRC market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting activity due to self-reporting limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Ohio (OHCODA475SCEN), retrieved from FRED.