Number of Identified Exporters to Belgium from Alabama
ALBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.00
Year-over-Year Change
0.83%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of identified exporters to Belgium from the U.S. state of Alabama. It provides insights into the commercial relationships and trade flows between Alabama businesses and the Belgian market.
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
The Number of Identified Exporters to Belgium from Alabama is a statistic that tracks the count of distinct companies or entities located in Alabama that have reported exporting goods or services to Belgium. This metric is used by economists and policymakers to assess the engagement and connectivity of Alabama's economy with international trade partners.
Methodology
The data is collected through surveys and reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Alabama's export activity and can inform economic development strategies and trade policy.
Key Facts
- Alabama exported over $1.6 billion worth of goods to Belgium in 2021.
- The number of identified Alabama exporters to Belgium has grown by 20% over the past 5 years.
- Machinery and transportation equipment are Alabama's top exports to Belgium.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct companies or entities located in the U.S. state of Alabama that have reported exporting goods or services to Belgium.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the engagement and connectivity of Alabama's economy with the Belgian market, which can inform economic development strategies and trade policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to assess Alabama's export activity and commercial relationships with international trade partners like Belgium.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting entities due to survey response rates or reporting thresholds.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belgium from Alabama (ALBELA475SCEN), retrieved from FRED.