Number of Identified Exporters to Kiribati from Alabama

ALKIRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-75.00%

Date Range

1/1/1992 - 1/1/2014

Summary

The Number of Identified Exporters to Kiribati from Alabama measures the count of businesses located in Alabama that export goods or services to the Pacific island nation of Kiribati. This metric provides insights into trade patterns and economic ties between the U.S. state and a specific foreign 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 number of exporters from Alabama that have identified Kiribati as a destination for their products or services. It offers a view into the scope and evolution of Alabama's exporting activity to this remote Pacific country, which can inform economic policy and business strategies.

Methodology

The data is collected by the U.S. Census Bureau through mandatory business surveys.

Historical Context

Policymakers and trade analysts use this metric to monitor Alabama's export diversification and competitiveness in emerging markets.

Key Facts

  • Alabama exported $X.XX million in goods to Kiribati in the latest year.
  • The number of identified Alabama exporters to Kiribati has grown by Y% over the past decade.
  • Kiribati accounts for less than 0.1% of total exports from the state of Alabama.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of businesses located in the U.S. state of Alabama that have identified Kiribati as a destination for their exported goods or services.

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

A: This data provides insights into the trade relationship between Alabama and the remote Pacific island nation of Kiribati, which can inform economic policy, market analysis, and business strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor Alabama's export diversification and competitiveness in emerging international markets like Kiribati.

Q: Are there update delays or limitations?

A: There may be a several month delay in the availability of the latest data due to the time required for business surveys and data processing by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Kiribati from Alabama (ALKIRA475SCEN), retrieved from FRED.