Number of Identified Exporters to Benin from Alabama

ALBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

24.00

Year-over-Year Change

500.00%

Date Range

1/1/1997 - 1/1/2017

Summary

The Number of Identified Exporters to Benin from Alabama tracks the count of businesses based in Alabama that export goods to the West African nation of Benin.

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 provides insights into the trade relationship between Alabama and Benin, measuring the participation of Alabama-based companies in exporting to the Beninese market. It is an important indicator for policymakers and trade analysts studying economic ties between the U.S. and African nations.

Methodology

The data is collected through surveys of Alabama businesses and customs declarations.

Historical Context

Trends in exporter counts can inform trade policy decisions and investment opportunities.

Key Facts

  • Alabama is a major U.S. exporting state.
  • Benin is a growing economy in West Africa.
  • Exporter counts can indicate trade growth potential.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of businesses based in Alabama that export goods to the country of Benin.

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

A: Trends in the number of identified exporters can provide insights into the trade relationship between Alabama and Benin, informing economic policy and investment decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Alabama businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Exporter count data can help policymakers and trade analysts assess the strength of economic ties between the U.S. and African nations like Benin.

Q: Are there update delays or limitations?

A: The data may have lags due to the survey collection process, and only covers Alabama-based exporters to Benin.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Benin from Alabama (ALBENA475SCEN), retrieved from FRED.