Value of Exports to Luxembourg from Alabama
ALLUXA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,450,533.00
Year-over-Year Change
185.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Luxembourg from Alabama' trend measures the dollar value of goods and services exported from the U.S. state of Alabama to the European country of Luxembourg. This metric is important for understanding Alabama's international trade dynamics and competitiveness.
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 total value of Alabama's exports to Luxembourg, a major trading partner. It provides insight into the strength of commercial relationships and can signal changes in market demand, production, or logistics.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this trend to assess Alabama's export performance and guide economic development strategies.
Key Facts
- Alabama exported $58.3 million in goods to Luxembourg in 2021.
- Luxembourg was Alabama's 49th largest export destination in 2021.
- Machinery and transportation equipment make up a significant portion of Alabama's exports to Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Alabama to the country of Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Alabama's international trade relationships and competitiveness, which is important for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this trend to assess Alabama's export performance and guide strategies to support international trade.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exports depending on survey response rates.
Related Trends
Coefficient for Industrial Carbon Dioxide Emissions, Residual Fuel for Alabama
EMISSCO2CRFICBALA
All Employees: Information in Alabama
SMU01000005000000001A
Real Gross Domestic Product: Social Assistance (624) in Alabama
ALSOCASSRGSP
Number of Identified Exporters to Netherlands from Alabama
ALNLDA475SCEN
Gross Domestic Product: Accommodation (721) in Alabama
ALACCOMDNGSP
Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Alabama
MSRSAL444
Citation
U.S. Federal Reserve, Value of Exports to Luxembourg from Alabama (ALLUXA052SCEN), retrieved from FRED.