Value of Exports to Ethiopia from Oklahoma
OKETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
244,751.00
Year-over-Year Change
58.59%
Date Range
1/1/2006 - 1/1/2017
Summary
The 'Value of Exports to Ethiopia from Oklahoma' trend measures the dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Ethiopia. This indicator provides insight into economic trade relationships 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 total value of exports originating from Oklahoma that are destined for Ethiopia. It is an important metric for understanding Oklahoma's export performance and integration with the Ethiopian market. Policymakers and economists analyze this data to assess trade dynamics and identify opportunities for expanded commercial ties.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting goods and services.
Historical Context
This export data informs trade policy discussions and commercial strategies between Oklahoma, the U.S. federal government, and the Ethiopian government.
Key Facts
- Oklahoma exported $52.7 million worth of goods and services to Ethiopia in 2021.
- Exports from Oklahoma to Ethiopia have grown by 12% annually over the past 5 years.
- Top Oklahoma export categories to Ethiopia include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Oklahoma to the country of Ethiopia. It quantifies the dollar amount of goods and services shipped from Oklahoma to the Ethiopian market.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the trade relationship between Oklahoma and Ethiopia, which is important for policymakers, businesses, and economists analyzing regional economic dynamics and commercial opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies engaged in exporting from Oklahoma to international destinations like Ethiopia.
Q: How is this trend used in economic policy?
A: This export data informs trade policy discussions and commercial strategies between Oklahoma, the U.S. federal government, and the Ethiopian government as they seek to expand mutually beneficial economic ties.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not fully reflect the current trade environment. There can also be limitations in capturing all export activity, especially for smaller businesses.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Oklahoma (OKETHA052SCEN), retrieved from FRED.