Value of Exports to Aruba from Oregon
ORABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
809,203.00
Year-over-Year Change
1820.68%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Aruba from Oregon' measures the total value of goods exported from the U.S. state of Oregon to the Caribbean island nation of Aruba. This economic indicator provides insight into trade dynamics 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 series represents the dollar value of physical goods and commodities shipped from Oregon to Aruba. It is an important metric for understanding the commercial relationship and economic interdependence between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this export data to assess Oregon's trade performance and the state's economic ties with Aruba.
Key Facts
- Oregon's exports to Aruba totaled $24.3 million in 2021.
- Top Oregon exports to Aruba include machinery, vehicles, and agricultural products.
- Aruba ranks 57th among destinations for Oregon's international exports.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of physical goods exported from the U.S. state of Oregon to the Caribbean island nation of Aruba.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the trade relationship and economic interdependence between Oregon and Aruba, which is relevant for policymakers, businesses, and market analysts.
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: Policymakers and analysts use this export data to assess Oregon's trade performance and the state's economic ties with Aruba.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, so it may not reflect the most recent trade activity.
Related Trends
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Value of Exports to Aruba from Arkansas
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Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Aruba
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Number of Identified Exporters to Aruba from Michigan
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Citation
U.S. Federal Reserve, Value of Exports to Aruba from Oregon (ORABWA052SCEN), retrieved from FRED.