Number of Identified Exporters to Saudi Arabia from Oklahoma
OKSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.00
Year-over-Year Change
51.40%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Saudi Arabia from Oklahoma measures the count of businesses located in Oklahoma that export goods and services to Saudi Arabia.
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 trend provides insight into the trade relationship between Oklahoma and Saudi Arabia, which is important for understanding regional economic dynamics and identifying potential growth opportunities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This metric is used by policymakers and trade analysts to monitor Oklahoma's export activity and competitiveness in global markets.
Key Facts
- Oklahoma exported $1.3 billion worth of goods to Saudi Arabia in 2021.
- The number of identified exporters from Oklahoma to Saudi Arabia has increased by 25% since 2015.
- Energy products make up the largest share of Oklahoma's exports to Saudi Arabia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Oklahoma that export goods and services to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Oklahoma and Saudi Arabia, which is important for understanding regional economic dynamics and identifying potential growth opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and trade analysts to monitor Oklahoma's export activity and competitiveness in global markets.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and may not capture all exporting businesses, particularly smaller firms.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Oklahoma (OKSAUA475SCEN), retrieved from FRED.