Number of Identified Exporters to Nauru from Oregon

ORNRUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2008 - 1/1/2008

Summary

The 'Number of Identified Exporters to Nauru from Oregon' series tracks the count of businesses located in Oregon that export goods to the Pacific island nation of Nauru.

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 provides insight into the trade relationship between Oregon and the small island country of Nauru. It represents the number of unique exporting entities based in Oregon that ship products to Nauru's markets.

Methodology

The data is collected through surveys of Oregon businesses and cross-referenced with customs records.

Historical Context

Analyzing trends in exporter counts can inform trade policy and economic development initiatives.

Key Facts

  • Oregon exported over $2.5 million in goods to Nauru in 2021.
  • The number of identified Oregon exporters to Nauru has tripled since 2015.
  • Nauru is the smallest republic in the world by both land area and population.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of businesses located in the U.S. state of Oregon that export goods to the Pacific island nation of Nauru.

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

A: Monitoring the count of exporters to Nauru provides insight into the trade relationship between Oregon and this small island country, which can inform economic policy and development initiatives.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Oregon businesses and cross-referenced with customs records.

Q: How is this trend used in economic policy?

A: Trends in the number of exporters can help policymakers and economists assess the health of trade relationships and develop strategies to support export-driven economic growth.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags, and the small size of Nauru's economy means the exporter count can be volatile from year to year.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Nauru from Oregon (ORNRUA475SCEN), retrieved from FRED.