Number of Identified Exporters to Brunei Darussalam from Oklahoma
OKBRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-30.77%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Brunei Darussalam from Oklahoma' series tracks the count of companies based in Oklahoma that export goods to the Southeast Asian nation of Brunei Darussalam. This metric provides insight into the trade relationship and economic ties 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
This series measures the number of unique businesses located in the U.S. state of Oklahoma that are identified as exporting products or services to Brunei Darussalam. It offers a quantitative view of the commercial activity and trade flows between these economic entities.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of companies and international trade records.
Historical Context
Economists and policymakers analyze this trend to assess the strength of Oklahoma's export market and its economic integration with Brunei Darussalam.
Key Facts
- Oklahoma exported $X.XX million in goods to Brunei Darussalam in the latest year.
- The number of identified Oklahoma exporters to Brunei has increased/decreased by Y% over the past 5 years.
- Brunei is Oklahoma's Zth largest export destination among foreign markets.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies located in the U.S. state of Oklahoma that are identified as exporting products or services to the country of Brunei Darussalam.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between Oklahoma and Brunei Darussalam, which is useful for economists, policymakers, and businesses analyzing regional export markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of companies and international trade records.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to assess the strength of Oklahoma's export market and its economic integration with Brunei Darussalam, which can inform trade policies and business development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all exporting activity due to survey limitations or confidentiality restrictions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brunei Darussalam from Oklahoma (OKBRNA475SCEN), retrieved from FRED.