Number of Identified Exporters to Czech Republic from Ohio
OHCZEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
330.00
Year-over-Year Change
75.53%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Czech Republic from Ohio measures the total number of businesses located in Ohio that export goods to the Czech Republic. This metric provides insights into trade activity and economic ties 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 count of unique exporting entities from the U.S. state of Ohio that sell products or services to customers in the Czech Republic. It is an important indicator of the strength of the trade relationship and economic integration between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Historical Context
Policymakers and economists use this metric to monitor the health of export-import markets and evaluate the impacts of trade policies.
Key Facts
- Ohio is a major U.S. exporting state, accounting for over $50 billion in annual exports.
- The Czech Republic is Ohio's 34th largest export market, receiving $233 million in goods in 2021.
- The number of Ohio exporters to the Czech Republic has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in the U.S. state of Ohio that export goods or services to customers in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic integration between Ohio and the Czech Republic, which is useful for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Governments and analysts use this metric to monitor the health of export-import markets and evaluate the impacts of trade policies between the U.S. and Czech Republic.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may not capture all exporting entities, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Czech Republic from Ohio (OHCZEA475SCEN), retrieved from FRED.