Number of Identified Exporters to Djibouti from Ohio

OHDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

200.00%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Number of Identified Exporters to Djibouti from Ohio' measures the count of businesses located in Ohio that export goods or services to the East African country of Djibouti. This trend provides insights into trade patterns and economic relationships between Ohio and Djibouti.

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 Ohio-based companies identified as exporting to Djibouti. It serves as an indicator of the commercial and economic ties between the U.S. state and the Horn of Africa nation. Economists and policymakers use this data to analyze trade flows and regional economic integration.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

This trend informs discussions around U.S. export promotion policies and regional economic development.

Key Facts

  • Ohio was the 7th largest exporting state in the U.S. in 2021.
  • Djibouti is a strategic commercial hub for East Africa.
  • The number of Ohio exporters to Djibouti has increased by 12% since 2015.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the U.S. state of Ohio that are identified as exporting goods or services to the country of Djibouti.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the trade relationship and economic ties between Ohio and Djibouti, which is relevant for analyzing regional export patterns and assessing the impacts of trade policies.

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: This trend informs discussions around U.S. export promotion policies and regional economic development strategies.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting activity due to limitations in business reporting.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Djibouti from Ohio (OHDJIA475SCEN), retrieved from FRED.