Value of Exports to Nauru from Ohio
OHNRUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47,991.00
Year-over-Year Change
0.00%
Date Range
1/1/2014 - 1/1/2014
Summary
The 'Value of Exports to Nauru from Ohio' series measures the dollar value of goods exported from the U.S. state of Ohio to the island nation of Nauru. This data point is relevant for economists and policymakers to understand trade flows and regional economic activity.
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 represents the total value of merchandise exports from Ohio to Nauru. It is used to analyze Ohio's export performance and its economic relationship with this Pacific island country. The data can provide insights into trade dynamics, supply chains, and the state's export competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value data is used by government agencies, trade associations, and economic analysts to monitor Ohio's engagement in the global marketplace.
Key Facts
- Ohio is the 7th largest exporting state in the U.S.
- Nauru is a small island country in the Pacific Ocean.
- Exports to Nauru account for less than 0.01% of Ohio's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods exported from the U.S. state of Ohio to the country of Nauru.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Ohio's trade relationships and can be used to analyze the state's export performance and competitiveness in global markets.
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: Government agencies, trade associations, and economic analysts use this export value data to monitor Ohio's engagement in the global marketplace and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
Related Trends
Number of Identified Exporters to Nauru from New Hampshire
NHNRUA475SCEN
Number of Identified Exporters to Nauru from Rhode Island
RINRUA475SCEN
Number of Identified Exporters to Nauru from Colorado
CONRUA475SCEN
Number of Identified Exporters to Nauru from West Virginia
WVNRUA475SCEN
Value of Exports to Nauru from California
CANRUA052SCEN
Value of Exports to Nauru from Texas
TXNRUA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Nauru from Ohio (OHNRUA052SCEN), retrieved from FRED.