Value of Exports to Papua New Guinea from Oklahoma
OKPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,079,204.00
Year-over-Year Change
-15.95%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Papua New Guinea from Oklahoma' measures the dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Papua New Guinea. This metric is important for understanding Oklahoma's international trade dynamics and assessing the economic relationship 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 data series tracks the total value of exports originating from Oklahoma and destined for Papua New Guinea. It provides insight into the commercial activity and trade flows between the two locations, which can inform economic and policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Policymakers and analysts use this metric to evaluate Oklahoma's export performance and trade position with Papua New Guinea.
Key Facts
- Oklahoma exported $X.XX million in goods to Papua New Guinea in the latest year.
- Exports to Papua New Guinea account for X.X% of Oklahoma's total international trade.
- The value of Oklahoma's exports to Papua New Guinea has [increased/decreased] by X% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Oklahoma and Papua New Guinea, which can inform economic policy, business strategy, and market analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate Oklahoma's export performance and trade position with Papua New Guinea, which can inform decisions about economic development, trade agreements, and international business strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data, and the figures are subject to periodic revisions by the Census Bureau.
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TXPNGA475SCEN
Bank Z-Score for Papua New Guinea
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Use of Financial Services: Key Indicators, Deposit Accounts with Credit Unions and Financial Cooperatives Per 1000 Adults for Papua New Guinea
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Liquid Liabilities to GDP for Papua New Guinea
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Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Oklahoma (OKPNGA052SCEN), retrieved from FRED.