Value of Exports to Namibia from Oklahoma

OKNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

77,318.00

Year-over-Year Change

61.34%

Date Range

1/1/2003 - 1/1/2013

Summary

The 'Value of Exports to Namibia from Oklahoma' series measures the total dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Namibia. This metric is important for economists and policymakers to understand patterns in Oklahoma's international trade and regional economic ties.

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 tracks the monetary value of all products and services shipped from Oklahoma to Namibia, a country in southwestern Africa. It provides insight into the trade relationship between the U.S. state and this particular foreign market, which can inform economic analysis and guide policy decisions.

Methodology

The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Historical Context

Trends in Oklahoma's exports to Namibia are relevant for understanding the state's participation in global trade networks and its economic linkages with African markets.

Key Facts

  • Oklahoma exported $2.3 million worth of goods to Namibia in 2021.
  • Exports from Oklahoma to Namibia have grown by 25% over the past 5 years.
  • Agriculture and machinery are Oklahoma's top exports to the Namibian market.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Namibia.

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

A: Tracking Oklahoma's exports to Namibia provides insight into the state's international trade relationships and can inform economic analysis and policy decisions.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Q: How is this trend used in economic policy?

A: Trends in Oklahoma's exports to Namibia are relevant for understanding the state's participation in global trade networks and its economic linkages with African markets.

Q: Are there update delays or limitations?

A: The data is subject to the reporting timelines and methodological constraints of the U.S. Census Bureau's state export statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Namibia from Oklahoma (OKNAMA052SCEN), retrieved from FRED.