Value of Exports to Saudi Arabia from Oregon

ORSAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

52,842,710.00

Year-over-Year Change

79.60%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Saudi Arabia from Oregon' metric tracks the total dollar value of goods and services exported from the U.S. state of Oregon to Saudi Arabia. This data provides insight into Oregon's international trade activity and economic relationship with a key trading partner.

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 series measures the total value in U.S. dollars of all merchandise and services exported from the state of Oregon to Saudi Arabia in a given time period. The data is used by economists, policymakers, and businesses to analyze Oregon's export trends and trade dynamics with the Middle East region.

Methodology

The data is collected and calculated by the U.S. Census Bureau through surveys of Oregon-based exporters and trade records.

Historical Context

This metric is relevant for understanding Oregon's export-driven economy and informing trade, investment, and economic development policies.

Key Facts

  • Oregon exported $302 million in goods and services to Saudi Arabia in 2021.
  • Saudi Arabia was Oregon's 13th largest export destination in 2021.
  • Top Oregon exports to Saudi Arabia include aircraft parts, agricultural machinery, and semiconductors.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total dollar value of all goods and services exported from the U.S. state of Oregon to Saudi Arabia in a given time period.

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

A: The data provides insight into Oregon's export activity and economic relationship with a key trading partner, which is useful for policymakers, businesses, and economists analyzing trade dynamics.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects and aggregates this data through surveys of Oregon-based exporters and trade records.

Q: How is this trend used in economic policy?

A: This metric informs trade, investment, and economic development policies related to Oregon's export-driven economy and its economic ties with the Middle East region.

Q: Are there update delays or limitations?

A: The data may have a several month update delay and can be subject to revisions based on new information from exporters and trade records.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saudi Arabia from Oregon (ORSAUA052SCEN), retrieved from FRED.