Value of Exports to Sri Lanka from Ohio
OHLKAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,576,718.00
Year-over-Year Change
72.55%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Sri Lanka from Ohio' measures the total value of merchandise exports from the U.S. state of Ohio to Sri Lanka. This data helps economists and policymakers understand trade patterns and trends between specific 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 economic series tracks the dollar value of all physical goods and commodities exported from Ohio to Sri Lanka. It provides insights into the trade relationship between the two locations and can indicate changes in market access, product demand, and economic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and analysts use this data to evaluate the impacts of trade agreements, tariffs, and other policies on regional export activity.
Key Facts
- Ohio is one of the top exporting states in the U.S.
- Sri Lanka is an emerging market for Ohio exports.
- Exports account for a significant portion of Ohio's economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all merchandise exports from the U.S. state of Ohio to Sri Lanka.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade dynamics between Ohio and Sri Lanka, which is important for evaluating economic relationships, market access, and the impacts of 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 declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the effects of trade agreements, tariffs, and other policies on regional export activity.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Sri Lanka from Ohio (OHLKAA052SCEN), retrieved from FRED.