Value of Exports to Taiwan from Oklahoma
OKTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,706,844.00
Year-over-Year Change
19.33%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Oklahoma' trend measures the total value of goods and services exported from the U.S. state of Oklahoma to Taiwan. This metric is closely monitored by economists and policymakers to assess trade relationships and economic 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
This series represents the dollar value of all products and services exported from Oklahoma businesses and producers to customers in Taiwan. It is an important indicator of the strength of commercial ties and trade flows between Oklahoma and one of its key international markets.
Methodology
The data is collected through surveys of Oklahoma exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this trend to evaluate the impact of economic policies, trade agreements, and market conditions on Oklahoma's export economy.
Key Facts
- Oklahoma exports to Taiwan totaled $786 million in 2021.
- Taiwan is Oklahoma's 4th largest export destination globally.
- Exports have grown by 12% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Oklahoma to Taiwan.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess trade relationships and economic activity between Oklahoma and one of its key international markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Oklahoma exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to evaluate the impact of economic policies, trade agreements, and market conditions on Oklahoma's export economy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a 2-3 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Oklahoma (OKTWNA052SCEN), retrieved from FRED.