Value of Exports to Morocco from Oklahoma
OKMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,280,905.00
Year-over-Year Change
63674.57%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Morocco from Oklahoma measures the dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Morocco. This economic indicator provides insight into trade flows and commercial activity 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
The Value of Exports to Morocco from Oklahoma tracks the monetary worth of products and services that are sold and shipped from Oklahoma businesses to customers and companies located in Morocco. Economists and policymakers analyze this data to understand the trade relationship and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Oklahoma-based exporters.
Historical Context
Trends in this export value are used by government agencies and market analysts to assess the state of economic cooperation and commercial integration between Oklahoma and Morocco.
Key Facts
- Oklahoma exported $36.2 million worth of goods to Morocco in 2021.
- Machinery and aircraft parts are major Oklahoma exports to Morocco.
- Trade between Oklahoma and Morocco has increased by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Morocco from Oklahoma measures the dollar value of goods and services exported from the U.S. state of Oklahoma to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the trade relationship and commercial ties between the Oklahoma and Moroccan economies, which is useful for economists, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Oklahoma-based exporters.
Q: How is this trend used in economic policy?
A: Trends in this export value are used by government agencies and market analysts to assess the state of economic cooperation and commercial integration between Oklahoma and Morocco.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all export activity due to survey limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Oklahoma (OKMARA052SCEN), retrieved from FRED.