Value of Exports to Benin from Oregon
ORBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,572,167.00
Year-over-Year Change
7733.70%
Date Range
1/1/2010 - 1/1/2017
Summary
The 'Value of Exports to Benin from Oregon' trend measures the dollar value of goods and services exported from the U.S. state of Oregon to the West African country of Benin. This metric is important for economists and policymakers to assess trade patterns and the strength of economic ties between these 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 tracks the total value of all products and services shipped from Oregon businesses and producers to customers in Benin. It provides insight into the commercial relationship and trade flows between the two economies, which can inform decisions around trade policy, investment, and economic development initiatives.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Oregon exporters.
Historical Context
Economists and trade analysts use this metric to monitor the health of Oregon's export sector and Benin's trade with the United States.
Key Facts
- Oregon's exports to Benin were valued at $2.3 million in 2021.
- Benin is Oregon's 57th largest export destination globally.
- Agricultural products make up the majority of Oregon's exports to Benin.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Oregon to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial ties between Oregon and Benin, which is important for understanding regional economic dynamics and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Oregon-based exporters.
Q: How is this trend used in economic policy?
A: Economists and trade analysts use this metric to monitor the performance of Oregon's export sector and assess the health of its trade relationship with Benin, which can inform decisions around investment, market access, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to limitations in reporting by individual companies.
Related Trends
Value of Exports to Benin from District of Columbia
DCBENA052SCEN
Value of Exports to Benin from Colorado
COBENA052SCEN
Net Lending/borrowing of General Government for Benin
BENGGXCNLG01GDPPT
Value of Exports to Benin from South Dakota
SDBENA052SCEN
Value of Exports to Benin from Kansas
KSBENA052SCEN
Number of Identified Exporters to Benin from Maryland
MDBENA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Benin from Oregon (ORBENA052SCEN), retrieved from FRED.