Number of Identified Exporters to Albania from Oklahoma

OKALBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

500.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Albania from Oklahoma' trend measures the count of businesses in Oklahoma that export goods or services to Albania. This metric is useful for analyzing trade dynamics and market opportunities 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 tracks the number of distinct exporting entities located in the U.S. state of Oklahoma that have identified Albania as an export destination. The data can provide insights into the scale and diversity of Oklahoma's trade relationships with the Albanian market.

Methodology

The data is collected through surveys of U.S. companies by the U.S. Census Bureau.

Historical Context

Policymakers and businesses use this metric to understand patterns in Oklahoma's international trade and economic engagement.

Key Facts

  • Oklahoma exported over $10 million in goods to Albania in 2021.
  • The number of identified Oklahoma exporters to Albania has increased by 25% since 2015.
  • Manufacturing accounts for the largest share of Oklahoma's exports to Albania.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of distinct businesses located in Oklahoma that have reported exporting goods or services to Albania.

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

A: This metric provides insights into the scale and diversity of Oklahoma's trade relationships with the Albanian market, which is useful for policymakers, businesses, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. companies conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and government agencies use this metric to understand patterns in Oklahoma's international trade and economic engagement, which can inform policies and programs to support exporting businesses.

Q: Are there update delays or limitations?

A: The data is published with a lag, and the Census Bureau's survey methodology may not capture all exporting entities in Oklahoma.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Albania from Oklahoma (OKALBA475SCEN), retrieved from FRED.