Value of Exports to El Salvador from Oklahoma
OKSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,514,275.00
Year-over-Year Change
307.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to El Salvador from Oklahoma' series tracks the total value of goods and services exported from the U.S. state of Oklahoma to the country of El Salvador. This metric is crucial for understanding Oklahoma's trade relationships and economic connections with international markets.
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 data series represents the dollar value of all merchandise and services that are produced in Oklahoma and sold to buyers in El Salvador. It is used by policymakers, businesses, and economists to assess Oklahoma's export performance and overall trade activity with Central American trade partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Oklahoma-based exporters.
Historical Context
Analyzing trends in this export value data can inform decisions around trade policies, market access, and economic development strategies.
Key Facts
- Oklahoma's exports to El Salvador totaled $123 million in 2021.
- Machinery and transportation equipment make up the largest share of Oklahoma's exports to El Salvador.
- El Salvador ranks as Oklahoma's 47th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and services exported from the U.S. state of Oklahoma to the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Oklahoma's trade relationships and economic connections with international markets, particularly in Central America.
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: Analyzing trends in this export value data can inform decisions around trade policies, market access, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, and may not capture all export activity due to survey coverage limitations.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for El Salvador
SLVFCLODCSXDC
Bank Credit to Bank Deposits for El Salvador
DDSI04SVA156NWDB
Value of Exports to El Salvador from New Mexico
NMSLVA052SCEN
Liquid Liabilities to GDP for El Salvador
DDDI05SVA156NWDB
Gross Domestic Product in U.S. Dollars for El Salvador
SLVNGDPD
Bank Lending Deposit Spread for El Salvador
DDEI02SVA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to El Salvador from Oklahoma (OKSLVA052SCEN), retrieved from FRED.