Number of Identified Exporters to United Arab Emirates from Alabama
ALAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.00
Year-over-Year Change
90.36%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Arab Emirates from Alabama' trend measures the number of Alabama-based companies that export goods to the United Arab Emirates. This metric is useful for understanding Alabama's trade relationships and economic connections with the UAE.
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 trend represents the count of individual businesses located in Alabama that are identified as exporting to the United Arab Emirates. It provides insight into the breadth and depth of trade between Alabama and this important Middle Eastern market.
Methodology
The data is collected through surveys of U.S. exporters and customs records.
Historical Context
Policymakers and economists monitor this trend to gauge Alabama's export activity and commercial ties with the UAE.
Key Facts
- Alabama exported $1.3 billion worth of goods to the UAE in 2021.
- The UAE is Alabama's 5th largest export destination.
- The number of identified Alabama exporters to the UAE has grown by 17% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual companies located in Alabama that are identified as exporting goods to the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the breadth and depth of trade between Alabama and the UAE, an important economic partner for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to gauge Alabama's export activity and commercial ties with the UAE.
Q: Are there update delays or limitations?
A: The data is published with a 6-month delay, and the survey methodology may not capture all exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from Alabama (ALAREA475SCEN), retrieved from FRED.