Value of Exports to Croatia from Alabama

ALHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

948,780.00

Year-over-Year Change

1170.15%

Date Range

1/1/1997 - 1/1/2011

Summary

The 'Value of Exports to Croatia from Alabama' series measures the total value of goods and services exported from the U.S. state of Alabama to Croatia. This metric is important for understanding Alabama's international trade relationships and economic integration with European markets.

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 tracks the dollar value of all products and services shipped from Alabama-based businesses and producers to customers and buyers located in Croatia. It provides insight into the strength of Alabama's export economy and its trade dynamics with this specific European Union member state.

Methodology

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

Historical Context

Policymakers and market analysts use this series to assess Alabama's export competitiveness and the state's broader economic connections with the Croatian and EU markets.

Key Facts

  • Alabama exported $78.5 million worth of goods to Croatia in 2021.
  • Croatia accounts for 0.2% of Alabama's total export volume.
  • Top Alabama exports to Croatia include aerospace parts, motor vehicles, and agricultural commodities.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total monetary value of all products and services exported from the U.S. state of Alabama to customers and buyers located in Croatia.

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

A: The 'Value of Exports to Croatia from Alabama' indicator provides insight into Alabama's trade relationships and economic integration with European markets, which is useful for policymakers, businesses, and economic researchers.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this series to assess Alabama's export competitiveness and the state's broader economic connections with the Croatian and European Union markets.

Q: Are there update delays or limitations?

A: There may be some time lag in the data reporting, as the U.S. Census Bureau collects and processes the information from various sources.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Croatia from Alabama (ALHRVA052SCEN), retrieved from FRED.