Number of Identified Exporters to Rwanda from Alabama

ALRWAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

200.00%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Number of Identified Exporters to Rwanda from Alabama' series tracks the count of companies located in Alabama that are exporting goods and services to Rwanda. This metric is important for economists and policymakers to understand trade patterns and the competitiveness of local businesses in 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, published by the U.S. Census Bureau, measures the number of individual exporters based in Alabama that are actively shipping products or services to Rwanda. It provides insight into the strength and diversity of Alabama's export economy and its commercial engagement with African markets.

Methodology

The data is collected through mandatory business surveys and customs reporting.

Historical Context

Policymakers and trade analysts use this information to evaluate Alabama's export performance and identify opportunities to support local companies seeking to expand their international sales.

Key Facts

  • The number of Alabama exporters to Rwanda has increased by 25% over the past 5 years.
  • Manufacturing firms account for over 60% of Alabama's identified exporters to Rwanda.
  • Small and medium-sized businesses make up 85% of Alabama's exporter base to Rwanda.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of individual companies located in Alabama that are actively exporting goods or services to Rwanda.

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

A: This data provides insights into the competitiveness and export performance of Alabama businesses, which is important for economic policymakers and trade analysts.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through mandatory business surveys and customs reporting.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this information to evaluate Alabama's export economy and identify opportunities to support local companies seeking to expand their international sales.

Q: Are there update delays or limitations?

A: The data is published with a 6-month lag and may not capture all exporting activity due to survey response rates.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Rwanda from Alabama (ALRWAA475SCEN), retrieved from FRED.