Number of Identified Exporters to Islamic Republic of Iran from Alabama

ALIRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

-71.43%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters to Iran from the U.S. state of Alabama. It provides insight into international trade patterns and economic engagement between Alabama and Iran.

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 Number of Identified Exporters to Islamic Republic of Iran from Alabama data series tracks the count of unique businesses located in Alabama that reported exporting goods or services to Iran. This metric offers visibility into the commercial relationships between Alabama's economy and the Iranian market.

Methodology

The data is collected through customs and international trade reporting by the U.S. Census Bureau.

Historical Context

Policymakers and analysts use this trend to evaluate the impacts of sanctions, trade agreements, and other factors affecting economic ties between Alabama and Iran.

Key Facts

  • Alabama exported over $36 million in goods to Iran in 2019.
  • The number of identified Alabama exporters to Iran peaked at 36 in 2014.
  • Aerospace parts and machinery are major Alabama exports to Iran.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in Alabama that reported exporting goods or services to Iran.

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

A: This metric provides insight into the commercial relationships and trade flows between Alabama's economy and the Iranian market, which is relevant for policymakers and economists analyzing international economic activity.

Q: How is this data collected or calculated?

A: The data is collected through customs and international trade reporting by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to evaluate the impacts of sanctions, trade agreements, and other factors affecting economic ties between Alabama and Iran.

Q: Are there update delays or limitations?

A: There may be lags in data reporting and potential undercounting of smaller exporters, but the series provides a reliable indicator of major trade relationships.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Islamic Republic of Iran from Alabama (ALIRNA475SCEN), retrieved from FRED.