Value of Exports to Barbados from Oklahoma
OKBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
584,077.00
Year-over-Year Change
90.31%
Date Range
1/1/1992 - 1/1/2015
Summary
The Value of Exports to Barbados from Oklahoma measures the total value of goods and services exported from the state of Oklahoma to the Caribbean island nation of Barbados. This metric is important for economists and policymakers to understand regional trade dynamics and the performance of Oklahoma's export sector.
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 merchandise and services sent from Oklahoma businesses and producers to Barbados. It provides insight into the economic relationship and commercial ties between the state and this Caribbean trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this series to monitor Oklahoma's export performance and competitiveness in the Barbados market.
Key Facts
- Oklahoma's exports to Barbados totaled $10.2 million in 2021.
- Barbados ranks 44th among Oklahoma's export destinations worldwide.
- Agriculture and food products are a major category of Oklahoma's exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods and services exported from the state of Oklahoma to the country of Barbados.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Oklahoma and one of its Caribbean export markets, which is useful for policymakers, businesses, and economists analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor Oklahoma's export performance and competitiveness in the Barbados market, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. There may also be confidentiality restrictions on reporting certain commodity-level details.
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Bank's Non-Interest Income to Total Income for Barbados
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Central government debt, total (% of GDP) for Barbados
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Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Barbados
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Purchasing Power Parity, Share of World for Barbados
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Use of Financial Services: Key Indicators, Outstanding Loans from Credit Unions and Financial Cooperatives for Barbados
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Citation
U.S. Federal Reserve, Value of Exports to Barbados from Oklahoma (OKBRBA052SCEN), retrieved from FRED.