Value of Exports to Iraq from Oklahoma
OKIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,391,972.00
Year-over-Year Change
3646.47%
Date Range
1/1/2005 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Oklahoma' series measures the total value of goods and services exported from the state of Oklahoma to Iraq. This metric is important for understanding Oklahoma's international trade and economic relationships.
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 economic indicator tracks the dollar value of all products and services shipped from Oklahoma to the Iraqi market. It provides insight into the scale and trends of Oklahoma's export activities, which are an important component of the state's overall economic performance and integration with global trade flows.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to assess Oklahoma's export competitiveness and the state's economic exposure to conditions in the Iraqi market.
Key Facts
- Oklahoma exported $52 million in goods and services to Iraq in 2021.
- Exports to Iraq account for 1.2% of Oklahoma's total international trade.
- Agriculture products are Oklahoma's top export category to Iraq.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of all goods and services exported from the state of Oklahoma to the country of Iraq.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Oklahoma's international trade relationships and economic integration, which are important factors for policymakers and market analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to assess Oklahoma's export competitiveness and the state's economic exposure to conditions in the Iraqi market.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay from the reference period.
Related Trends
Value of Exports to Iraq from Illinois
ILIRQA052SCEN
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Iraq
IRQFCSODCXDC
Value of Exports to Iraq from Virginia
VAIRQA052SCEN
Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Iraq
IRQFCIOFMNUM
Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Iraq
IRQFCIOFINUM
Financial System Deposits to GDP for Iraq
DDDI08IQA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Iraq from Oklahoma (OKIRQA052SCEN), retrieved from FRED.