Value of Exports to Morocco from Ohio
OHMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,212,665.00
Year-over-Year Change
140.21%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Ohio' series measures the total value of goods and services exported from the U.S. state of Ohio to Morocco. This metric is crucial for understanding trade patterns and economic ties between Ohio and its international partners.
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 indicator tracks the dollar value of all products and services shipped from businesses located in Ohio to customers and clients in Morocco. It offers insight into the scale and composition of Ohio's export activity, which is an important driver of economic growth and employment.
Methodology
The data is collected through customs declarations and surveys of Ohio-based companies engaged in international trade.
Historical Context
Policymakers and business leaders use this series to monitor the health of Ohio's export sector and identify opportunities to expand trade relationships.
Key Facts
- Ohio exported over $100 million in goods to Morocco in 2021.
- Machinery and transportation equipment are Ohio's top exports to Morocco.
- Morocco is Ohio's 47th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of goods and services exported from the U.S. state of Ohio to Morocco. It provides insight into the scale and composition of Ohio's trade relationship with this North African country.
Q: Why is this trend relevant for users or analysts?
A: The value of Ohio's exports to Morocco is an important indicator of the state's economic health and international competitiveness. It helps policymakers and businesses identify trade opportunities and monitor the strength of this commercial relationship.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of Ohio-based companies engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this series to track the performance of Ohio's export sector and inform strategies to promote trade and investment with Morocco and other international markets.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collecting and processing the underlying information from customs and company surveys.
Related Trends
Current Account Balance for Morocco
MARBCAGDPGDPPT
Central government debt, total (% of GDP) for Morocco
DEBTTLMAA188A
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Morocco
IDSGAMNIAOMA
Overall Fiscal Balance for General Government for Morocco
MARGGBGDPGDPPT
Number of Identified Exporters to Morocco from U.S. Virgin Islands
VIMARA475SCEN
Deposit Money Bank Assets to GDP for Morocco
DDDI02MAA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Morocco from Ohio (OHMARA052SCEN), retrieved from FRED.