Value of Exports to Guinea from Ohio
OHGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
800,065.00
Year-over-Year Change
1057.08%
Date Range
1/1/1997 - 1/1/2017
Summary
This trend measures the value of exports from the U.S. state of Ohio to the country of Guinea. It provides insights into Ohio's trade relationship and economic ties with the West 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 'Value of Exports to Guinea from Ohio' series tracks the dollar value of goods and services exported from Ohio to Guinea. This metric is used by economists and policymakers to analyze Ohio's export performance and Guinea's importance as a trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for understanding Ohio's export-driven economy and Guinea's role in international trade.
Key Facts
- Ohio exported $7.2 million worth of goods to Guinea in 2021.
- Guinea was Ohio's 100th largest export destination in 2021.
- Machinery, vehicles, and plastics are Ohio's top exports to Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Ohio to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Ohio's trade relationship and economic ties with Guinea, which is useful for understanding the state's export-driven economy.
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 is used by economists and policymakers to analyze Ohio's export performance and Guinea's importance as a trading partner.
Q: Are there update delays or limitations?
A: The data is updated periodically by the U.S. Census Bureau, and there may be some delays in reporting due to the nature of international trade data collection.
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Citation
U.S. Federal Reserve, Value of Exports to Guinea from Ohio (OHGINA052SCEN), retrieved from FRED.