Value of Exports to Jamaica from Oklahoma
OKJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,138,196.00
Year-over-Year Change
54.76%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Jamaica from Oklahoma' metric tracks the dollar value of goods and services exported from the U.S. state of Oklahoma to the Caribbean nation of Jamaica. This economic indicator provides insight into trade flows and the strength of commercial 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 total value of exports originating from Oklahoma businesses and shipped to Jamaica. It reflects the demand for Oklahoma's products and services in the Jamaican market, as well as the competitiveness of Oklahoma exporters. Economists and policymakers use this data to assess regional trade patterns and the state's export performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in Oklahoma's exports to Jamaica can signal shifts in bilateral trade policy, consumer demand, or economic conditions in either location.
Key Facts
- Oklahoma exported over $250 million worth of goods to Jamaica in 2021.
- Jamaica is Oklahoma's 5th largest export destination in the Caribbean region.
- Machinery, chemicals, and agricultural products make up the majority of Oklahoma's exports to Jamaica.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Jamaica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Oklahoma and Jamaica, indicating the demand for Oklahoma's products and the state's export performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in Oklahoma's exports to Jamaica can signal shifts in bilateral trade policy, consumer demand, or economic conditions in either location, which is relevant for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month delay, and may not capture all informal or untracked trade activities.
Related Trends
Value of Exports to Jamaica from South Carolina
SCJAMA052SCEN
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Jamaica
JAMFCAANUM
Cash surplus/deficit (% of GDP) for Jamaica
CASHBLJMA188A
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Jamaica
DDOI10JMA156NWDB
Population ages 65 and above for Jamaica
SPPOP65UPTOZSJAM
Bank's Net Interest Margin for Jamaica
DDEI01JMA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Jamaica from Oklahoma (OKJAMA052SCEN), retrieved from FRED.