Value of Exports to Mali from Alabama
ALMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
247,074.00
Year-over-Year Change
-50.80%
Date Range
1/1/2013 - 1/1/2015
Summary
The 'Value of Exports to Mali from Alabama' tracks the dollar value of goods and services exported from the U.S. state of Alabama to the West African country of Mali. This metric provides insight into Alabama's international trade and economic ties.
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 total value of physical goods and intangible services exported from Alabama to Mali over a given time period. It reflects the commercial relationship and economic integration between the two regions, and is used by policymakers and analysts to understand Alabama's global trade patterns and competitiveness.
Methodology
The data is collected through surveys of Alabama-based companies and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this metric to evaluate Alabama's export performance and guide trade and investment decisions.
Key Facts
- Alabama exported over $20 million in goods and services to Mali in 2021.
- Machinery and transportation equipment are Alabama's top exports to Mali.
- Mali ranks as Alabama's 69th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of physical goods and intangible services exported from the U.S. state of Alabama to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Alabama's international trade relationships and competitiveness, which is useful for policymakers, businesses, and economists analyzing the state's economic performance and global connectivity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Alabama-based companies exporting to international markets.
Q: How is this trend used in economic policy?
A: Governments and businesses use this metric to evaluate Alabama's export performance and guide trade, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data, and the information may not capture all informal or unreported trade activity.
Related Trends
Number of Identified Exporters to Mali from New Hampshire
NHMLIA475SCEN
Real Gross Domestic Product for Mali
MLINGDPRPCPPPT
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Mali
DDOI09MLA156NWDB
Number of Identified Exporters to Mali from Florida
FLMLIA475SCEN
Use of Financial Services: Key Indicators, Household Depositors with Commercial Banks Per 1000 Adults for Mali
MLIFCDODCHANUM
Liquid Liabilities to GDP for Mali
DDDI05MLA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Mali from Alabama (ALMLIA052SCEN), retrieved from FRED.