Value of Exports to Slovakia from Alabama
ALSVKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,102,561.00
Year-over-Year Change
6518.76%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Slovakia from Alabama' trend tracks the dollar value of goods exported from the U.S. state of Alabama to the European country of Slovakia. This metric is closely monitored by economists and policymakers to gauge Alabama's trade relationship with Slovakia.
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 total value of merchandise exports originating from the state of Alabama and destined for Slovakia. It is an important indicator of Alabama's economic connections and trade flows with this European trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in Alabama's exports to Slovakia are relevant for understanding the state's economic performance and trade policy considerations.
Key Facts
- Alabama exported $123 million in goods to Slovakia in 2021.
- Exports to Slovakia account for 1.2% of Alabama's total international trade.
- Top Alabama exports to Slovakia include transportation equipment and chemicals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of merchandise exports from the U.S. state of Alabama to the country of Slovakia.
Q: Why is this trend relevant for users or analysts?
A: Tracking Alabama's exports to Slovakia provides insight into the state's international trade relationships and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in Alabama's exports to Slovakia are relevant for understanding the state's trade policy considerations and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to Slovakia from Alabama (ALSVKA052SCEN), retrieved from FRED.