Number of Identified Exporters to Republic of Korea from Oregon
ORKORA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
539.00
Year-over-Year Change
21.67%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of exporters in the U.S. state of Oregon that sell goods to the Republic of Korea. It provides insight into the degree of trade activity and commercial relationships between Oregon and one of its major international 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
The 'Number of Identified Exporters to Republic of Korea from Oregon' metric tracks the count of unique businesses located in Oregon that are actively exporting products to South Korea. This data point is useful for evaluating the strength and trajectory of Oregon's export economy and its commercial ties to the Korean market.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and administrative records.
Historical Context
This trend is used by policymakers, trade associations, and economists to monitor Oregon's export competitiveness and the health of its international trade relationships.
Key Facts
- Oregon exported over $1.5 billion in goods to South Korea in 2021.
- The number of Oregon exporters to South Korea has grown by 20% since 2015.
- Agricultural products make up the largest category of Oregon's exports to South Korea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Oregon that are actively exporting products to the Republic of Korea.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the strength and trajectory of Oregon's export economy and its commercial relationships with the South Korean market, which is a key trading partner.
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: Policymakers, trade associations, and economists use this trend to monitor Oregon's export competitiveness and the health of its international trade relationships.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few months of the reference period.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Republic of Korea from Oregon (ORKORA475SCEN), retrieved from FRED.