Number of Identified Exporters to the Plurinational State of Bolivia from Alabama
ALBOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
72.73%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to Bolivia from the U.S. state of Alabama. It provides insight into the trade relationship between Alabama and Bolivia.
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 the Plurinational State of Bolivia from Alabama metric tracks the count of unique Alabama-based companies that export goods to Bolivia. This data point is used by economists and policymakers to analyze the dynamics of international trade flows.
Methodology
The data is collected through surveys of Alabama businesses and import/export records.
Historical Context
This trend is relevant for understanding the engagement of Alabama's economy with the Bolivian market.
Key Facts
- Alabama exported $123 million in goods to Bolivia in 2021.
- The number of identified Alabama exporters to Bolivia has increased by 8% over the past 3 years.
- Bolivia is Alabama's 42nd largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies based in the U.S. state of Alabama that export goods to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Alabama and Bolivia, which is useful for economists, policymakers, and businesses analyzing international commerce.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Alabama businesses and import/export records.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies and trade organizations to monitor and support Alabama's export activities with Bolivia.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for business surveys and trade record compilation.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Plurinational State of Bolivia from Alabama (ALBOLA475SCEN), retrieved from FRED.