Value of Exports to Romania from Ohio
OHROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,564,298.00
Year-over-Year Change
25.97%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Romania from Ohio' series measures the total value of goods and services exported from the U.S. state of Ohio to Romania. This metric is important for economists and policymakers to understand trade patterns and assess the health of state-level export markets.
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 monetary value of all merchandise and services shipped from Ohio to Romania. It is a component of broader state-level export data that informs analyses of Ohio's international trade dynamics and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in Ohio's exports to Romania are relevant for trade and economic policy discussions.
Key Facts
- Ohio is a major exporting state, with over $50 billion in total exports annually.
- Romania is an emerging market with growing trade ties to the United States.
- Exports make up an important component of Ohio's economy and GDP.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from the U.S. state of Ohio to Romania.
Q: Why is this trend relevant for users or analysts?
A: Tracking Ohio's exports to Romania provides insights into state-level trade dynamics and can inform economic policy discussions.
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: Trends in Ohio's exports to Romania are relevant for trade and economic policy discussions at the state and national levels.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all export activity.
Related Trends
Ease of doing business index for Romania
ICBUSEASEXQROU
Gross National Income for Romania
MKTGNIROA646NWDB
Harmonized Index of Consumer Prices: Services Related to Recreation, Including Repairs and Personal Care for Romania
SERVRPROM086NEST
Value of Exports to Romania from Kentucky
KYROUA052SCEN
Harmonized Index of Consumer Prices: Cleaning, Repair and Hire of Clothing for Romania
CP0314ROM086NEST
Harmonized Index of Consumer Prices: Administered Prices for Romania
AP0000ROM086NEST
Citation
U.S. Federal Reserve, Value of Exports to Romania from Ohio (OHROUA052SCEN), retrieved from FRED.