Value of Exports to Hong Kong from Oklahoma
OKHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108,719,232.00
Year-over-Year Change
407.36%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the value of exports from the U.S. state of Oklahoma to the Special Administrative Region of Hong Kong. It provides insights into trade activity and economic ties between Oklahoma and a major international market.
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 Hong Kong from Oklahoma measures the dollar value of goods and services exported from Oklahoma to Hong Kong. It offers a window into the commercial relationship and trade flows between the two economies.
Methodology
The data is collected through surveys of Oklahoma-based exporters and compiled by the U.S. Census Bureau.
Historical Context
This metric is used by policymakers, economists, and businesses to assess Oklahoma's engagement with the global economy.
Key Facts
- Oklahoma exported $1.2 billion worth of goods to Hong Kong in 2021.
- Hong Kong was Oklahoma's 6th largest export market in 2021.
- Oklahoma's top exports to Hong Kong include machinery, meat, and electronics.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of goods and services exported from the U.S. state of Oklahoma to the Hong Kong Special Administrative Region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and economic ties between Oklahoma and a major international market, which is useful for policymakers, businesses, and economists analyzing regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Oklahoma-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, trade organizations, and businesses to assess Oklahoma's engagement with the global economy and inform decisions around economic development, trade policy, and market opportunities.
Q: Are there update delays or limitations?
A: The data is published monthly with a 3-month lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Oklahoma (OKHKGA052SCEN), retrieved from FRED.