Number of Identified Exporters to Costa Rica from Alabama
ALCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.00
Year-over-Year Change
34.78%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Costa Rica from Alabama' series tracks the total number of businesses in Alabama that export goods and services to Costa Rica. This metric provides insight into the trade relationship 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
This data series represents the count of unique Alabama-based exporters that ship goods or services to Costa Rica in a given time period. It offers a quantitative measure of the commercial activity and trade flows between the state of Alabama and the Latin American nation of Costa Rica.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Historical Context
This series is used by economists, trade analysts, and policymakers to monitor the strength of Alabama's export market and commercial linkages with Costa Rica.
Key Facts
- Alabama exported over $300 million in goods to Costa Rica in 2021.
- The number of identified Alabama exporters to Costa Rica has grown by 15% since 2015.
- Costa Rica is Alabama's 5th largest export destination in Latin America.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses based in Alabama that export goods or services to Costa Rica in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade ties and commercial activity between Alabama and Costa Rica, which is important for understanding regional economic dynamics and cross-border business opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Alabama's export markets and inform decisions around economic development, trade promotion, and commercial partnerships with Costa Rica.
Q: Are there update delays or limitations?
A: There is typically a 3-6 month delay in the release of this data due to the time required for collection and compilation by statistical agencies.
Related Trends
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Costa Rica
CRIB6FATC01CXCUQ
Purchasing Power Parity, Share of World for Costa Rica
CRIPPPSH
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Costa Rica
CRICP030000GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Costa Rica
CRICPALTT01IXOBQ
National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Costa Rica
CRINAEXKP03STSAQ
Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Costa Rica
IDSNFAMRINICR
Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Alabama (ALCRIA475SCEN), retrieved from FRED.