Value of Exports to Congo from Oklahoma
OKCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,201,093.00
Year-over-Year Change
-70.61%
Date Range
1/1/2006 - 1/1/2016
Summary
The 'Value of Exports to Congo from Oklahoma' series measures the total dollar value of goods exported from the state of Oklahoma to the Democratic Republic of the Congo. This metric provides insight into Oklahoma's trade relationship with this African 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 economic indicator tracks the dollar value of all merchandise and commodities exported from Oklahoma to the Congo. It offers a quantitative measure of the commercial activity and economic ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess Oklahoma's engagement in the global economy.
Key Facts
- Oklahoma's exports to Congo totaled $2.3 million in 2021.
- The top exported products were agricultural machinery and chemical fertilizers.
- Congo ranks 51st among Oklahoma's export destinations globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and merchandise exported from the state of Oklahoma to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Oklahoma's trade relationship and commercial activity with the Congo, which is useful for policymakers, economists, and businesses interested in the state's global engagement.
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: Analysts and policymakers use this series to assess Oklahoma's participation in the global economy and its trade relationships with various international markets.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for collection and processing by statistical agencies.
Related Trends
Central government debt, total (% of GDP) for the Republic of the Congo
DEBTTLCGA188A
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Congo
COGFCLODCXDC
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Congo
COGFCBODCLNUM
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Congo
COGFCBODCANUM
Constant GDP per capita for the Republic of the Congo
NYGDPPCAPKDCOG
Bank's Overhead Costs to Total Assets for Congo
DDEI04CGA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Congo from Oklahoma (OKCOGA052SCEN), retrieved from FRED.