Value of Exports to Albania from California
CAALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,472,565.00
Year-over-Year Change
151.87%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Albania from California' trend measures the total value of goods and services exported from the state of California to the country of Albania. This metric is important for understanding California's international trade patterns and economic relationships.
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 tracks the dollar value of all products and services that originate in California and are sold to Albanian buyers. It provides insight into the commercial ties between the two economies and California's export performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of California businesses.
Historical Context
Policymakers and businesses use this trend to analyze California's export activity and identify opportunities for growth in the Albanian market.
Key Facts
- California is the largest exporting state in the U.S.
- Albania is a small but growing market for California exports.
- The top California exports to Albania include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of California to the country of Albania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into California's international trade relationships and can help identify export opportunities in the Albanian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of California businesses.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to analyze California's export activity and develop strategies to grow trade with Albania.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but there may be lags in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, Value of Exports to Albania from California (CAALBA052SCEN), retrieved from FRED.