Value of Exports to Panama from Oklahoma
OKPANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,568,107.00
Year-over-Year Change
529.47%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Panama from Oklahoma' measures the total monetary value of goods and services exported from the U.S. state of Oklahoma to the country of Panama. This metric is important for understanding Oklahoma's trade dynamics and economic integration with international markets.
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 dollar value of all exported products, including agricultural goods, manufactured items, and services, originating from businesses and producers located in Oklahoma and sold to Panamanian buyers and consumers. Economists and policymakers use this information to assess Oklahoma's export performance and competitiveness in the global economy.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Historical Context
Trends in this series can provide insights into the health of Oklahoma's export-oriented industries and the state's broader economic relationships with Central American trade partners.
Key Facts
- Oklahoma exports to Panama totaled $104 million in 2021.
- Top exported products from Oklahoma to Panama include aircraft, machinery, and agricultural commodities.
- Panama was Oklahoma's 34th largest export market in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Panama from Oklahoma' measures the total monetary value of goods and services exported from the U.S. state of Oklahoma to the country of Panama.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Oklahoma's trade dynamics and economic integration with international markets, particularly in Central America.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in this series can provide insights into the health of Oklahoma's export-oriented industries and the state's broader economic relationships with Central American trade partners.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and delays in reporting by the Census Bureau.
Related Trends
General Government Net Lending/Borrowing for Panama
PANGGXCNLGDP
U.S. Imports of Goods by Customs Basis from Panama
IMP2250
Value of Exports to Panama from California
CAPANA052SCEN
Value of Exports to Panama from Hawaii
HIPANA052SCEN
Value of Exports to Panama from Pennsylvania
PAPANA052SCEN
Number of Identified Exporters to Panama from Texas
TXPANA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Panama from Oklahoma (OKPANA052SCEN), retrieved from FRED.