Value of Exports to El Salvador from Alabama
ALSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,873,354.00
Year-over-Year Change
-71.26%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Alabama to the country of El Salvador. It provides insights into trade flows and economic activity between the two regions.
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
The Value of Exports to El Salvador from Alabama series tracks the dollar value of goods and services exported from Alabama to the Central American nation of El Salvador. This metric is used by economists and policymakers to analyze regional trade patterns and the commercial relationship between the two areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Alabama exporters.
Historical Context
This export data is relevant for understanding Alabama's economic ties to international markets and the state's role in U.S. trade policy.
Key Facts
- Alabama exported $123 million to El Salvador in 2021.
- Machinery and transportation equipment are top Alabama exports to El Salvador.
- El Salvador is Alabama's 45th 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 U.S. state of Alabama to the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Alabama and El Salvador, which is important for understanding regional economic activity and international commerce patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Alabama-based exporters.
Q: How is this trend used in economic policy?
A: This export data is relevant for policymakers and analysts assessing Alabama's economic ties to global markets and the state's role in U.S. trade policy.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to El Salvador from Alabama (ALSLVA052SCEN), retrieved from FRED.