Value of Exports to Thailand from Alaska
AKTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,101,272.00
Year-over-Year Change
102.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from Alaska' measures the total dollar value of goods exported from Alaska to Thailand. This economic indicator is important for understanding trends in Alaska's international trade and the state's export-driven economy.
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 merchandise exported from Alaska to Thailand, including agricultural products, natural resources, and manufactured goods. It is used by economists and policymakers to analyze Alaska's trade relationships and the impact of factors like exchange rates, trade agreements, and global demand on the state's export activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
The trend is closely monitored by Alaska's government and business leaders to inform economic development and trade policies.
Key Facts
- Alaska exported over $270 million in goods to Thailand in 2021.
- Seafood is Alaska's top export to Thailand, making up over 60% of total exports.
- Thailand is Alaska's 4th largest international export market after China, Japan, and South Korea.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Thailand from Alaska' measures the total dollar value of goods exported from Alaska to Thailand, including agricultural products, natural resources, and manufactured goods.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Alaska's international trade relationships and the state's export-driven economy. It is closely monitored by policymakers and businesses to inform economic development and trade policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: The 'Value of Exports to Thailand from Alaska' trend is used by Alaska's government and business leaders to analyze the state's trade relationships and inform economic development and trade policies.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be a 1-2 month delay in availability.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Alaska (AKTHAA052SCEN), retrieved from FRED.