Number of Identified Exporters to Saudi Arabia from Alaska
AKSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Saudi Arabia from Alaska' metric tracks the volume of trade and commercial activity between Alaska and Saudi Arabia. This data point is valuable for policymakers and economists analyzing the Alaska economy's global trade relationships.
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 count of individual businesses and organizations located in Alaska that have been identified as exporting goods or services to Saudi Arabia. It provides insight into the scale and diversity of Alaska's export sector and commercial ties with the Middle East.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in exporter counts can inform trade, investment, and economic development policies.
Key Facts
- Alaska exported over $250 million in goods to Saudi Arabia in 2021.
- The number of identified Alaskan exporters to Saudi Arabia grew by 12% from 2019 to 2021.
- Seafood and mineral products are Alaska's top exports to Saudi Arabia.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses and organizations located in Alaska that have been identified as exporting goods or services to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the count of Alaskan exporters to Saudi Arabia provides insights into the scale and diversity of Alaska's trade relationships, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Trends in the number of Alaskan exporters to Saudi Arabia can inform trade, investment, and economic development policies aimed at supporting and expanding Alaska's global commercial relationships.
Q: Are there update delays or limitations?
A: This data is published with a lag, so the most recent figures may not reflect the current state of Alaskan exports to Saudi Arabia. The data also does not provide details on the specific products or services being exported.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Alaska (AKSAUA475SCEN), retrieved from FRED.