Value of Exports to Saint Vincent and the Grenadines from Alabama
ALVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,697,930.00
Year-over-Year Change
336.64%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Saint Vincent and the Grenadines from Alabama' trend measures the dollar value of goods and services exported from the U.S. state of Alabama to the Caribbean island nation of Saint Vincent and the Grenadines. This data provides insights into bilateral trade patterns and economic ties 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
This economic indicator tracks the value of merchandise and services shipped from Alabama to Saint Vincent and the Grenadines. It is used by trade analysts, economists, and policymakers to monitor the strength of export-import relationships between U.S. states and foreign countries.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in state-level exports are closely watched as indicators of regional economic performance and trade competitiveness.
Key Facts
- Alabama's exports to Saint Vincent and the Grenadines totaled $2.3 million in 2020.
- Top exported products include machinery, vehicles, and electrical equipment.
- Exports from Alabama to the Caribbean nation have fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Alabama to the Caribbean country of Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic ties between Alabama and Saint Vincent and the Grenadines, which is valuable information for trade analysts, economists, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are closely watched as indicators of regional economic performance and trade competitiveness, which can inform economic policies and trade agreements.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and updates due to the complexities of collecting international trade statistics.
Related Trends
Value of Exports to Saint Vincent and the Grenadines from Colorado
COVCTA052SCEN
Value of Exports to Saint Vincent and the Grenadines from District of Columbia
DCVCTA052SCEN
Value of Exports to Saint Vincent and the Grenadines from Tennessee
TNVCTA052SCEN
Inflation, consumer prices for Saint Vincent and the Grenadines
FPCPITOTLZGVCT
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for St. Vincent and the Grenadines
SVGFCIODUNUM
Value of Exports to Saint Vincent and the Grenadines from Arkansas
ARVCTA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Saint Vincent and the Grenadines from Alabama (ALVCTA052SCEN), retrieved from FRED.