Number of Identified Exporters to Slovakia from Oklahoma

OKSVKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

200.00%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Number of Identified Exporters to Slovakia from Oklahoma' series tracks the count of businesses located in Oklahoma that export goods to Slovakia. This metric is important for understanding trade dynamics and economic integration 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 data series measures the number of unique exporting companies based in Oklahoma that have shipped products to Slovakia. It provides insight into the scale and growth of commercial trade relationships between Oklahoma and this key European market.

Methodology

The data is collected through surveys of U.S. exporters and customs records.

Historical Context

Policymakers and trade analysts use this metric to assess Oklahoma's export performance and competitiveness in global markets.

Key Facts

  • Oklahoma exported $123 million in goods to Slovakia in 2021.
  • The number of identified Oklahoma exporters to Slovakia has grown 17% since 2018.
  • Food products and machinery are Oklahoma's top exports to Slovakia.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of businesses located in Oklahoma that have exported goods to Slovakia. It provides a metric of trade activity and commercial integration between the two regions.

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

A: This trend offers insights into Oklahoma's export performance and competitiveness in the Slovak market, which is useful for policymakers, trade associations, and economic development analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. exporters and customs records.

Q: How is this trend used in economic policy?

A: Governments and trade organizations utilize this metric to assess trade relationships, identify growth opportunities, and implement policies that support Oklahoma businesses' export activities.

Q: Are there update delays or limitations?

A: There may be lags of several months in the data due to the time required for collecting and processing the underlying information from exporters and customs authorities.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Slovakia from Oklahoma (OKSVKA475SCEN), retrieved from FRED.