Value of Exports to Russia from Alaska
AKRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
214,128.00
Year-over-Year Change
-97.44%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Alaska' series measures the dollar value of goods and services exported from the state of Alaska to Russia. This data is important for understanding trade dynamics and economic ties between Alaska and Russia.
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 total value of exports, including commodities, manufactured goods, and other products, shipped from Alaska to destinations in Russia. Economists and policymakers use this data to analyze trade patterns, assess the economic relationship between Alaska and Russia, and inform decisions around international commerce.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Historical Context
The value of exports from Alaska to Russia is relevant for evaluating the economic and geopolitical factors influencing trade between the two regions.
Key Facts
- Alaska is the U.S. state closest to Russia geographically.
- Russia is one of Alaska's top trading partners for exports.
- Exports to Russia account for a significant portion of Alaska's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Alaska to destinations in Russia.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from Alaska to Russia is an important indicator of the economic relationship and trade dynamics between the two regions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trade patterns, assess the economic relationship between Alaska and Russia, and inform decisions around international commerce.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methods of the U.S. Census Bureau, which may result in occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Alaska (AKRUSA052SCEN), retrieved from FRED.