Value of Exports to the Plurinational State of Bolivia from Oklahoma
OKBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,817,366.00
Year-over-Year Change
210.88%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Oklahoma to the Plurinational State of Bolivia. It provides insight into trade flows and economic relationships 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
The Value of Exports to the Plurinational State of Bolivia from Oklahoma is a key indicator of the commercial activity and economic ties between Oklahoma and Bolivia. It tracks the dollar value of goods and services exported from Oklahoma to the Bolivian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
This trend is used by economists, trade analysts, and policymakers to monitor the state of Oklahoma's trade with Bolivia and assess the broader commercial relationship.
Key Facts
- Oklahoma exported $52.3 million worth of goods to Bolivia in 2021.
- Bolivia accounts for 0.2% of Oklahoma's total export value.
- Machinery and transportation equipment are Oklahoma's top exports to Bolivia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of exports from the U.S. state of Oklahoma to the Plurinational State of Bolivia. It tracks the dollar amount of goods and services shipped from Oklahoma to the Bolivian market.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the commercial relationship and trade flows between Oklahoma and Bolivia. It is useful for economists, trade specialists, and policymakers seeking to understand state-level export patterns and regional economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade analysts, and policymakers to monitor Oklahoma's trade with Bolivia and assess the broader commercial relationship between the two regions. It informs decision-making around trade policy, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reference period. There may also be limitations in accurately capturing all trade flows, especially smaller transactions.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Oklahoma (OKBOLA052SCEN), retrieved from FRED.