Number of Identified Exporters to Burundi from Alabama
ALBDIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Number of Identified Exporters to Burundi from Alabama' tracks the count of Alabama-based companies that export goods to Burundi, a landlocked country in East Africa. This metric is valuable for understanding Alabama's trade relationships and economic ties with international markets.
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 measures the number of unique Alabama-based businesses that export products to Burundi. It provides insight into the scale and diversity of Alabama's exporting activity to this specific African nation, which can inform economic development strategies and trade policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of export shipments.
Historical Context
Policymakers and economic analysts use this metric to gauge Alabama's export performance and competitiveness in global markets.
Key Facts
- Alabama exported $X.XX million in goods to Burundi in the latest year.
- The number of Alabama exporters to Burundi has increased/decreased by Y% over the past 5 years.
- Burundi is Alabama's Zth largest export destination in Africa.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of individual businesses based in Alabama that export goods to Burundi, providing insight into the scale and diversity of the state's trade relationship with this East African country.
Q: Why is this trend relevant for users or analysts?
A: This data is valuable for understanding Alabama's exporting activity and economic ties to international markets, which can inform trade policy, economic development strategies, and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of export shipments from the state of Alabama.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to gauge Alabama's export performance and competitiveness in global markets, which can inform decisions related to trade agreements, export promotion programs, and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the latest data, and the metric only captures formal, reported export activity, which may not reflect all trade flows.
Related Trends
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Burundi
BDIFCBODUANUM
Real GDP Per Capita for Burundi
BDINGDPRPCPCPPPT
Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Burundi
BDIFCBODMFKNUM
Number of Identified Exporters to Burundi from Tennessee
TNBDIA475SCEN
Bank Credit to Bank Deposits for Burundi
DDSI04BIA156NWDB
Value of Exports to Burundi from Ohio
OHBDIA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Burundi from Alabama (ALBDIA475SCEN), retrieved from FRED.