Value of Exports to Antigua and Barbuda from Alabama

ALATGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,422,557.00

Year-over-Year Change

230.69%

Date Range

1/1/1992 - 1/1/2017

Summary

The Value of Exports to Antigua and Barbuda from Alabama measures the total value of goods and services exported from the state of Alabama to the Caribbean nation of Antigua and Barbuda. This metric provides insight into the trade relationship and economic ties between Alabama and Antigua and Barbuda.

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 data series tracks the total dollar value of exports originating from Alabama that are destined for Antigua and Barbuda. It is a key indicator of the commercial activity and interdependence between the two economies. Economists and policymakers use this information to analyze trade patterns and assess the impacts of economic policies on regional trade flows.

Methodology

The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Historical Context

This export data is widely used by government agencies, trade organizations, and businesses to guide decision-making around international market access, trade agreements, and economic development initiatives.

Key Facts

  • Alabama exported over $20 million in goods and services to Antigua and Barbuda in 2021.
  • The top export categories from Alabama to Antigua and Barbuda include machinery, transportation equipment, and chemicals.
  • Antigua and Barbuda is one of Alabama's fastest-growing export markets in the Caribbean region.

FAQs

Q: What does this economic trend measure?

A: This data series measures the total value of exports originating from the state of Alabama that are destined for the Caribbean nation of Antigua and Barbuda.

Q: Why is this trend relevant for users or analysts?

A: This export data provides valuable insight into the trade relationship and economic ties between Alabama and Antigua and Barbuda, which is important for understanding regional trade patterns and evaluating the impacts of economic policies.

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: This export data is widely used by government agencies, trade organizations, and businesses to guide decision-making around international market access, trade agreements, and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is typically published with a 2-3 month lag, and may be subject to revisions by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Antigua and Barbuda from Alabama (ALATGA052SCEN), retrieved from FRED.