Value of Exports to Singapore from Oklahoma

OKSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

246,571,940.00

Year-over-Year Change

198.19%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Singapore from Oklahoma' tracks the total value of goods exported from the U.S. state of Oklahoma to the country of Singapore. This metric provides insights into economic ties and trade flows 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 economic trend represents the dollar value of all physical merchandise exported from Oklahoma to Singapore in a given time period. It is used by economists, policymakers, and trade analysts to monitor the strength of commercial relationships and identify changes in trade patterns.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of exporters.

Historical Context

This trend is relevant for understanding Oklahoma's export activity and the state's engagement with the Singaporean market.

Key Facts

  • Oklahoma exported over $150 million worth of goods to Singapore in 2021.
  • Singapore was Oklahoma's 10th largest export destination in 2021.
  • Machinery and transportation equipment make up the majority of Oklahoma's exports to Singapore.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Singapore from Oklahoma' metric tracks the total dollar value of physical merchandise exported from the U.S. state of Oklahoma to the country of Singapore.

Q: Why is this trend relevant for users or analysts?

A: This data point provides insights into the trade relationship between Oklahoma and Singapore, which is important for understanding regional economic activity and identifying changes in commercial patterns.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of companies and individuals engaged in exporting goods.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor the health of Oklahoma's export economy and the state's engagement with the Singaporean market.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 month delay by the Census Bureau. There may also be limitations in capturing all export activity, especially by smaller companies.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Singapore from Oklahoma (OKSGPA052SCEN), retrieved from FRED.