Value of Exports to India from Alabama
ALINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
449,533,212.00
Year-over-Year Change
207.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Alabama' series measures the dollar value of goods and services exported from the state of Alabama to India. This metric is important for understanding Alabama's trade relationship with a key international market.
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 series tracks the total value of exports originating from Alabama and destined for India. It provides insight into the economic ties between the state and a major trading partner, which is relevant for businesses, policymakers, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export data informs analyses of Alabama's economic performance and international competitiveness.
Key Facts
- Alabama exported $1.4 billion worth of goods and services to India in 2021.
- India was Alabama's 5th largest export destination in 2021.
- Alabama's top exports to India include aerospace products, chemicals, and machinery.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Alabama to India.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Alabama's trade relationship with a major international market, which is important for understanding the state's economic performance and competitiveness.
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: This export data informs analyses of Alabama's international trade dynamics and can inform economic development strategies and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule of the U.S. Census Bureau, which may result in lags before the most recent information is available.
Related Trends
Consumer Price Index: All Items: Total for India
INDCPALTT01IXNBM
Ease of doing business index for India
ICBUSEASEXQIND
Use of Financial Services Deposit Accounts: Accounts at Other Deposit Takers for India
INDFCAODDNUM
Nominal External Balance of Goods and Services for India
NNXGSNSAXDCINQ
Value of Exports to India from Wyoming
WYINDA052SCEN
Consumer Price Index: Health (COICOP 06): Total for India
INDCP060000GPM
Citation
U.S. Federal Reserve, Value of Exports to India from Alabama (ALINDA052SCEN), retrieved from FRED.