Value of Exports to Albania from Oklahoma
OKALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177,899.00
Year-over-Year Change
329.83%
Date Range
1/1/2010 - 1/1/2017
Summary
The 'Value of Exports to Albania from Oklahoma' series measures the dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Albania. This metric is important for economists and policymakers to analyze trade flows and the economic relationship between the two 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 represents the total monetary value of all products and services shipped from Oklahoma to Albania, including agricultural goods, manufactured items, and various commodities. It is a key indicator of the commercial and economic ties between the two areas and can inform decisions around trade policy, market access, and economic development.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to assess the health of Oklahoma's export economy and the state's engagement with the Albanian market.
Key Facts
- Oklahoma exported $3.2 million in goods to Albania in 2021.
- Albania is Oklahoma's 78th largest export destination globally.
- Top Oklahoma exports to Albania include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Albania from Oklahoma' series tracks the total monetary value of all products and services exported from the U.S. state of Oklahoma to the country of Albania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the commercial and economic relationship between Oklahoma and Albania, informing decisions around trade policy, market access, and economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported 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 market analysts use this series to assess the health of Oklahoma's export economy and the state's engagement with the Albanian market.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Albania from Oklahoma (OKALBA052SCEN), retrieved from FRED.