Value of Exports to Turkey from Alabama

ALTURA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

144,613,426.00

Year-over-Year Change

6.16%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Turkey from Alabama' series measures the total value of goods exported from the U.S. state of Alabama to Turkey. This metric is important for economists and policymakers to track regional trade flows and the economic relationship between the two areas.

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 data series represents the dollar value of all physical goods and commodities exported directly from Alabama to Turkey. It is used to analyze trends in regional trade, the relative importance of Turkey as an export market for Alabama, and the broader economic ties between the state and the country.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.

Historical Context

Policymakers and trade analysts monitor this series to understand the commercial and economic links between Alabama and Turkey.

Key Facts

  • Alabama exported $123 million in goods to Turkey in 2021.
  • Turkey is Alabama's 10th largest export market globally.
  • Aerospace products are Alabama's top export to Turkey.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of physical goods and commodities exported from the U.S. state of Alabama to Turkey.

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

A: This data is useful for tracking regional trade flows, understanding Alabama's economic ties to Turkey, and analyzing the broader commercial relationship between the two areas.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts monitor this series to understand the commercial and economic links between Alabama and Turkey.

Q: Are there update delays or limitations?

A: The data is published with a short lag, typically 1-2 months after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Turkey from Alabama (ALTURA052SCEN), retrieved from FRED.