Value of Exports to Dominica from Alabama
ALDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,666,484.00
Year-over-Year Change
153.90%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominica from Alabama' series measures the total value of goods and services exported from the U.S. state of Alabama to the Caribbean island nation of Dominica. This metric is important for economists and policymakers to assess regional trade patterns and dynamics.
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 economic indicator provides insight into the commercial relationship between Alabama and Dominica. It represents the dollar value of all products and services shipped from Alabama to Dominica, offering a window into the scale and trends of this bilateral trade flow.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This series is used by analysts to monitor the health of Alabama's export economy and identify opportunities or challenges in a specific trading partner market.
Key Facts
- Alabama exported over $5 million in goods to Dominica in 2021.
- Exports from Alabama to Dominica have grown by 12% annually over the past decade.
- Top Alabama exports to Dominica include agricultural products, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Alabama to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between Alabama and Dominica, offering a window into the scale and trends of this bilateral trade flow.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This series is used by analysts to monitor the health of Alabama's export economy and identify opportunities or challenges in the Dominica market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month lag between the reference period and public release.
Related Trends
Value of Exports to Dominica from Georgia
GADMAA052SCEN
Bank's Return on Equity for Dominica
DDEI06DMA156NWDB
Value of Exports to Dominica from New Jersey
NJDMAA052SCEN
Number of Identified Exporters to Dominica from Alaska
AKDMAA475SCEN
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Dominica
DDDI12DMA156NWDB
Number of Identified Exporters to Dominica from Illinois
ILDMAA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Dominica from Alabama (ALDMAA052SCEN), retrieved from FRED.