Value of Exports to Aruba from Oklahoma
OKABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
217,432.00
Year-over-Year Change
413.68%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Aruba from Oklahoma' series measures the dollar value of goods and services exported from the state of Oklahoma to the Caribbean island nation of Aruba. This data provides insights into Oklahoma's international trade dynamics and economic linkages.
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 tracks the flow of exports from Oklahoma to Aruba, a popular tourist destination and trade partner. It is used by economists, policymakers, and businesses to analyze Oklahoma's export performance and competitiveness in foreign markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade organizations utilize this data to inform decisions around economic development, trade agreements, and export promotion initiatives.
Key Facts
- Oklahoma's exports to Aruba totaled $X.XX million in the latest year.
- Exports to Aruba account for Y% of Oklahoma's total international exports.
- The value of exports to Aruba has increased/decreased by Z% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the dollar value of goods and services exported from the state of Oklahoma to the Caribbean island nation of Aruba.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Oklahoma's international trade dynamics and economic linkages, which is useful for policymakers, businesses, and economists analyzing the state's export performance and competitiveness.
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 trade organizations utilize this data to inform decisions around economic development, trade agreements, and export promotion initiatives.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be lags of several months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Value of Exports to Aruba from Oklahoma (OKABWA052SCEN), retrieved from FRED.