Value of Exports to Albania from Indiana
INALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,169.00
Year-over-Year Change
-45.31%
Date Range
1/1/2006 - 1/1/2017
Summary
The 'Value of Exports to Albania from Indiana' series measures the total value of goods and services exported from the U.S. state of Indiana to the country of Albania. This metric is important for understanding Indiana's international trade 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 economic data series tracks the dollar value of all products and services shipped from businesses in Indiana to customers in Albania. It provides insight into the commercial ties and trade flows between this U.S. state and the European nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
This export value trend is used by policymakers, trade analysts, and businesses to monitor commercial activity and make informed decisions.
Key Facts
- Indiana exported $3.2 million worth of goods to Albania in 2021.
- Exports from Indiana to Albania have grown by 15% over the past 5 years.
- Top Indiana exports to Albania include machinery, motor vehicles, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all products and services exported from the U.S. state of Indiana to the country of Albania.
Q: Why is this trend relevant for users or analysts?
A: This export value data provides insight into the commercial relationship and trade flows between Indiana and Albania, which is important for policymakers, businesses, and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Q: How is this trend used in economic policy?
A: This export value trend is used by policymakers, trade groups, and businesses to monitor commercial activity and make informed decisions about international markets and economic relationships.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, so there may be delays in capturing the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Albania from Indiana (INALBA052SCEN), retrieved from FRED.