Value of Exports to Saudi Arabia from Oklahoma
OKSAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,501,131.00
Year-over-Year Change
-76.24%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Saudi Arabia from Oklahoma' series measures the total dollar value of goods and services exported from the state of Oklahoma to Saudi Arabia. This metric is important for analyzing trade flows and economic relationships between U.S. states and 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 value of merchandise and services exported directly from Oklahoma to Saudi Arabia. It is used by economists and policymakers to monitor trends in state-level export activity and commercial ties with key trading partners.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Tracking state-level exports is valuable for understanding regional economic conditions and informing trade and investment policies.
Key Facts
- Oklahoma exported $258 million in goods and services to Saudi Arabia in 2021.
- Aerospace products and parts are Oklahoma's top export to Saudi Arabia.
- Saudi Arabia is Oklahoma's 8th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of merchandise and services exported directly from the state of Oklahoma to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export activity to key trading partners provides insights into regional economic conditions and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: This export data informs trade and investment policies by policymakers and economists seeking to understand regional economic ties and commercial flows.
Q: Are there update delays or limitations?
A: The data may have a 1-2 month reporting lag, and only captures direct exports from Oklahoma, not re-exports or indirect trade flows.
Related Trends
Number of Identified Exporters to Saudi Arabia from Utah
UTSAUA475SCEN
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Saudi Arabia
SAUB6FATC01CXCUQ
Nominal Gross Capital Formation for Saudi Arabia
NIXDCSAA
Number of Identified Exporters to Saudi Arabia from Kentucky
KYSAUA475SCEN
Value of Exports to Saudi Arabia from New Mexico
NMSAUA052SCEN
Gross National Income for Saudi Arabia
MKTGNISAA646NWDB
Citation
U.S. Federal Reserve, Value of Exports to Saudi Arabia from Oklahoma (OKSAUA052SCEN), retrieved from FRED.