Value of Exports to Madagascar from Alabama
ALMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
377,770.00
Year-over-Year Change
-41.77%
Date Range
1/1/2008 - 1/1/2011
Summary
The Value of Exports to Madagascar from Alabama tracks the total value of goods and services exported from the state of Alabama to the island nation of Madagascar. This metric is important for understanding Alabama's trade relationships and economic ties with international markets.
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 measures the dollar value of all products and services exported from Alabama to Madagascar. It provides insight into the commercial activity and economic interdependence between the two regions. Policymakers and analysts use this data to assess Alabama's export performance and trade dynamics.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in Alabama's exports to Madagascar can inform decisions around economic development, trade policy, and international business strategies.
Key Facts
- Alabama exported $12.3 million worth of goods to Madagascar in 2021.
- Exports to Madagascar account for 0.2% of Alabama's total international exports.
- Top export categories from Alabama to Madagascar include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of Alabama to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Alabama's trade relationships and economic ties with international markets, which is relevant for policymakers, businesses, and economists analyzing regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in Alabama's exports to Madagascar can inform decisions around economic development, trade policy, and international business strategies.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of this data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Madagascar from Alabama (ALMDGA052SCEN), retrieved from FRED.