Value of Exports to Kiribati from Alabama
ALKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,901.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
The 'Value of Exports to Kiribati from Alabama' series tracks the dollar value of goods and services exported from the U.S. state of Alabama to the Pacific island nation of Kiribati. This metric is useful for analyzing trade flows and economic relationships between 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 series represents the total monetary value of products and services shipped from Alabama to Kiribati. It provides insight into the scale and composition of the commercial trade relationship between these two economies. Economists and policymakers analyze this data to assess the health of bilateral trade and identify opportunities for economic cooperation.
Methodology
The data is collected through surveys of Alabama-based businesses and compiled by the U.S. Census Bureau.
Historical Context
Trends in exports from U.S. states to foreign countries are closely monitored by trade analysts and government agencies.
Key Facts
- Alabama exported $2.3 million in goods to Kiribati in 2021.
- Kiribati is a small island nation in the central Pacific Ocean.
- Top Alabama exports to Kiribati include machinery, aircraft parts, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise and services exported from the U.S. state of Alabama to the country of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export data provides insights into regional trade patterns and economic relationships that are useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Alabama-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Export data informs trade policy discussions and helps identify potential growth opportunities between state and foreign economies.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag and may not capture all small-scale trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Alabama (ALKIRA052SCEN), retrieved from FRED.