Number of Identified Exporters to El Salvador from Ohio

OHSLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

246.00

Year-over-Year Change

58.71%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to El Salvador from Ohio' series tracks the count of businesses located in Ohio that export goods to El Salvador. This metric provides insight into the commercial ties between the two 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 indicator measures the number of unique Ohio-based companies that export products or services to the El Salvadoran market. It serves as a proxy for the strength of trade relationships and commercial activity between the state of Ohio and the Central American country.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.

Historical Context

Policymakers and trade analysts use this metric to evaluate Ohio's export performance and the state's economic integration with El Salvador.

Key Facts

  • Ohio was the 7th largest exporting state in the U.S. in 2021.
  • El Salvador was Ohio's 36th largest export destination in 2020.
  • Exports support over 1 million jobs in the state of Ohio.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of unique businesses located in Ohio that export goods or services to El Salvador, providing insight into the state's trade relationship with the Central American country.

Q: Why is this trend relevant for users or analysts?

A: This metric is useful for policymakers, trade analysts, and businesses to evaluate Ohio's export performance and economic integration with the El Salvadoran market.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through business surveys and administrative records.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this indicator to assess Ohio's export activity and commercial ties with El Salvador, which can inform trade policies and economic development strategies.

Q: Are there update delays or limitations?

A: The data is subject to the reporting schedules and methodological practices of the U.S. Census Bureau, which may result in periodic update delays or revisions.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to El Salvador from Ohio (OHSLVA475SCEN), retrieved from FRED.