Number of Identified Exporters to Lao People's Democratic Republic from Oklahoma
OKLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2016
Summary
This economic trend tracks the number of identified exporters to Lao People's Democratic Republic from the U.S. state of Oklahoma. It provides insight into the trade dynamics between Oklahoma and Laos.
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 Lao People's Democratic Republic from Oklahoma metric represents the count of unique business entities located in Oklahoma that have reported exporting goods or services to Laos. This data point is useful for analyzing Oklahoma's export activity and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
This trend can inform policymakers and businesses about patterns in Oklahoma's export markets.
Key Facts
- Oklahoma exported over $4.5 million in goods to Laos in 2021.
- The number of identified Oklahoma exporters to Laos has increased by 25% since 2015.
- Machinery and agricultural products are major Oklahoma exports to Laos.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business entities located in Oklahoma that have reported exporting goods or services to Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Oklahoma's trade relationships and can inform policymakers and businesses about patterns in the state's export markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and trade organizations to monitor and support Oklahoma's export activities and international trade relationships.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau, which may result in occasional update delays or scope limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Oklahoma (OKLAOA475SCEN), retrieved from FRED.