Value of Exports to Malawi from Oklahoma
OKMWIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107,573.00
Year-over-Year Change
0.00%
Date Range
1/1/2014 - 1/1/2014
Summary
The 'Value of Exports to Malawi from Oklahoma' measures the total value of goods and services exported from the U.S. state of Oklahoma to the country of Malawi. This metric is important for economists and policymakers to understand regional trade patterns and dynamics.
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 products and services shipped from Oklahoma businesses and producers to consumers and businesses in Malawi. It provides insight into the commercial relationship and economic interdependence between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is used by trade analysts, economic development agencies, and government officials to inform policies affecting import-export activity.
Key Facts
- Oklahoma exported $2.8 million in goods to Malawi in 2021.
- Machinery and agricultural products are top exports from Oklahoma to Malawi.
- Exports from Oklahoma to Malawi have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and services exported from the U.S. state of Oklahoma to the country of Malawi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the trade relationship and economic interdependence between Oklahoma and Malawi, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This metric is used by trade analysts, economic development agencies, and government officials to inform policies affecting import-export activity between Oklahoma and Malawi.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-month lag, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to Malawi from Oklahoma (OKMWIA052SCEN), retrieved from FRED.