Value of Exports to Islamic Republic of Iran from Ohio
OHIRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,209,397.00
Year-over-Year Change
-48.23%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Islamic Republic of Iran from Ohio' trend measures the total value of goods and services exported from the U.S. state of Ohio to Iran. This data provides insight into Ohio's trade relationship with Iran and can inform economic and policy analysis.
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 dollar value of merchandise and services exported from Ohio to Iran. It is a key indicator of the commercial ties between the state and the Iranian market, which is relevant for understanding Ohio's trade dynamics and broader economic conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau based on surveys of Ohio exporters.
Historical Context
Policymakers and market analysts use this trend to assess the impact of trade policies and geopolitical events on Ohio's economy.
Key Facts
- Ohio is a major exporting state in the United States.
- Iran has been a significant trade partner for Ohio in the past.
- Export values can fluctuate due to economic and geopolitical factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Ohio to the Islamic Republic of Iran.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Ohio's trade relationship with Iran, which is relevant for understanding the state's economic conditions and the impact of trade policies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on surveys of Ohio exporters.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the impact of trade policies and geopolitical events on Ohio's economy.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and can be affected by changes in trade regulations and geopolitical circumstances.
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Citation
U.S. Federal Reserve, Value of Exports to Islamic Republic of Iran from Ohio (OHIRNA052SCEN), retrieved from FRED.