Number of Identified Exporters to the Democratic Republic of the Congo from Oklahoma
OKCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-20.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the Democratic Republic of the Congo (DRC) from the U.S. state of Oklahoma. It provides insights into trade patterns and economic relationships between Oklahoma and the DRC.
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 'Number of Identified Exporters to the Democratic Republic of the Congo from Oklahoma' trend tracks the count of unique companies or individuals located in Oklahoma who have exported goods or services to the DRC. This data can be used to analyze trade flows, market access, and economic ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting requirements for exporters.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses interested in understanding commercial activity between Oklahoma and the DRC.
Key Facts
- Oklahoma exported over $10 million in goods to the DRC in 2021.
- The number of identified Oklahoma exporters to the DRC has doubled since 2015.
- The top DRC exports from Oklahoma include agricultural machinery and chemical products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies or individuals located in the U.S. state of Oklahoma that have exported goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade patterns and economic relationships between Oklahoma and the DRC, which is useful for policymakers, trade analysts, and businesses interested in understanding commercial activity between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for exporters.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and trade analysts to monitor and evaluate economic relationships, market access, and trade flows between Oklahoma and the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and publication, as the information is collected through mandatory exporter surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Oklahoma (OKCODA475SCEN), retrieved from FRED.