Value of Exports to Albania from North Carolina
NCALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
311,234.00
Year-over-Year Change
315.63%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Albania from North Carolina' series measures the total value of goods and services exported from North Carolina to Albania. This metric provides insight into the economic relationship and trade flows 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 series represents the dollar value of all products and services that originate in North Carolina and are sold to customers or businesses in Albania. It is an important indicator of the strength of the trade partnership between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Policy analysts and economists use this metric to assess the health of North Carolina's export economy and its integration with global markets.
Key Facts
- North Carolina is a major exporting state, with over $35 billion in total exports annually.
- Albania is an emerging market with growing consumer demand for North Carolina products.
- Exports contribute significantly to North Carolina's GDP and support thousands of local jobs.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of North Carolina to the country of Albania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between North Carolina and Albania, which is useful for assessing the health of North Carolina's export economy and its integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Policy analysts and economists use this metric to evaluate the strength of North Carolina's export economy and its engagement with international markets, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delay between the reporting period and the release of the latest figures.
Related Trends
Number of Identified Exporters to Albania from Hawaii
HIALBA475SCEN
Number of Identified Exporters to Albania from New Hampshire
NHALBA475SCEN
Private Credit by Deposit Money Banks to GDP for Albania
DDDI01ALA156NWDB
Number of Identified Exporters to Albania from Michigan
MIALBA475SCEN
Bank Deposits to GDP for Albania
DDOI02ALA156NWDB
Central government debt, total (% of GDP) for Albania
DEBTTLALA188A
Citation
U.S. Federal Reserve, Value of Exports to Albania from North Carolina (NCALBA052SCEN), retrieved from FRED.