Value of Exports to Barbados from Alabama

ALBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7,446,928.00

Year-over-Year Change

-3.41%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the value of exports from the U.S. state of Alabama to the Caribbean island nation of Barbados. It provides insights into trade flows and economic ties 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

The 'Value of Exports to Barbados from Alabama' series tracks the dollar value of goods and services exported from Alabama to Barbados over time. This metric is useful for analyzing trade patterns, supply chain dynamics, and economic integration between the two economies.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

Policymakers and market analysts monitor this trend to assess the commercial relationship between Alabama and Barbados.

Key Facts

  • Alabama is a major exporting state in the U.S.
  • Barbados is a top trading partner for Alabama in the Caribbean region.
  • Exports to Barbados account for a small but significant portion of Alabama's total exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the value of goods and services exported from the U.S. state of Alabama to the country of Barbados.

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

A: This trend provides insights into the trade relationship and economic ties between Alabama and Barbados, which is useful for policymakers, businesses, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and economists monitor this trend to assess the commercial relationship between Alabama and Barbados, which can inform trade policies, investment decisions, and economic development strategies.

Q: Are there update delays or limitations?

A: There may be some delays in the availability of the latest data, as it is collected through surveys and compiled by government agencies.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Barbados from Alabama (ALBRBA052SCEN), retrieved from FRED.