Value of Exports to Qatar from Alabama

ALQATA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19,617,618.00

Year-over-Year Change

49.27%

Date Range

1/1/1992 - 1/1/2017

Summary

The Value of Exports to Qatar from Alabama measures the total value of goods and services exported from the state of Alabama to the country of Qatar. This metric is important for economists and policymakers to understand Alabama's trade relationships and economic connections with global 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 represents the dollar value of exports originating from Alabama and destined for Qatar. It provides insight into the commercial and economic ties between the state and the Gulf Cooperation Council country, which can inform trade, investment, and economic development strategies.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Historical Context

Policymakers and businesses use this metric to analyze Alabama's export performance and competitiveness in key international markets.

Key Facts

  • Alabama exported $106 million worth of goods to Qatar in 2021.
  • Machinery and transportation equipment are Alabama's top exports to Qatar.
  • Qatar is Alabama's 37th largest export destination globally.

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 Qatar.

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

A: This metric provides insight into Alabama's trade relationships and economic connections with global markets, which is important for informing state economic and trade policies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Q: How is this trend used in economic policy?

A: Policymakers and businesses use this metric to analyze Alabama's export performance and competitiveness in key international markets like Qatar.

Q: Are there update delays or limitations?

A: The data is subject to periodic updates by the Census Bureau, and there may be lags in reporting the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Qatar from Alabama (ALQATA052SCEN), retrieved from FRED.