Number of Identified Exporters to Belarus from Oklahoma
OKBLRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
66.67%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Belarus from Oklahoma' trend measures the count of companies based in Oklahoma that have reported exporting goods to Belarus. This metric provides insight into trade dynamics between the U.S. state and the Eastern European nation.
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 data series, published by the U.S. Census Bureau, tracks the number of exporters located in Oklahoma that reported shipments to Belarus. It serves as a proxy for the commercial trade relationship between the state and this international market.
Methodology
The data is collected through mandatory reporting by Oklahoma-based companies engaged in exporting activities.
Historical Context
Economists and policymakers use this series to monitor Oklahoma's export footprint and identify trends in its global trade profile.
Key Facts
- Oklahoma exported over $5 million in goods to Belarus in 2021.
- The number of identified Oklahoma exporters to Belarus has grown by 25% since 2015.
- Machinery and agricultural products are Oklahoma's top exports to Belarus.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in the U.S. state of Oklahoma that have reported exporting goods to Belarus.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Oklahoma and Belarus, which is of interest to economists, policymakers, and businesses engaged in international commerce.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by Oklahoma-based companies engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this series to monitor Oklahoma's export footprint and identify trends in its global trade profile, which can inform decisions around trade agreements, export promotion programs, and other economic development initiatives.
Q: Are there update delays or limitations?
A: There may be lags in reporting and publication of this data, as it relies on mandatory company reporting. Additionally, the series may not capture all exporting activity from Oklahoma to Belarus.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Belarus from Oklahoma (OKBLRA475SCEN), retrieved from FRED.