Number of Identified Exporters to South Africa from Alaska
AKZAFA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
80.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to South Africa from Alaska tracks the volume of commercial trade between the two regions. This metric is valuable for economists and policymakers assessing the economic relationship and trade flows.
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 indicator measures the total number of companies and businesses located in Alaska that are actively exporting goods and services to South Africa. It provides insight into the level of commercial activity and integration between the Alaskan and South African economies.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts monitor this trend to understand the strength of commercial ties and identify opportunities or barriers to expand bilateral trade.
Key Facts
- Alaska exported over $250 million in goods to South Africa in 2021.
- The number of identified Alaskan exporters to South Africa has grown by 15% since 2015.
- Seafood and mineral resources are Alaska's top exports to the South African market.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of companies and businesses located in Alaska that are actively exporting goods and services to South Africa.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the strength of commercial ties and trade flows between the Alaskan and South African economies, which is of interest to policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this trend to understand the strength of commercial ties and identify opportunities or barriers to expand bilateral trade between Alaska and South Africa.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to South Africa from Alaska (AKZAFA475SCEN), retrieved from FRED.