Number of Identified Exporters to Brazil from Alabama
ALBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183.00
Year-over-Year Change
31.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from Alabama' measures the count of businesses located in Alabama that are actively exporting goods to Brazil. This metric provides insight into the trade relationship between Alabama and Brazil.
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 number of unique companies headquartered in Alabama that have reported exporting products to Brazil. It offers an indicator of the level of economic engagement and trade flows between the state and the Brazilian market.
Methodology
The data is collected through surveys of U.S. exporters by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Alabama's trade ties with Brazil.
Key Facts
- Alabama exported $1.3 billion in goods to Brazil in 2021.
- The number of Alabama exporters to Brazil has grown by 15% over the past 5 years.
- Brazil is Alabama's 4th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique businesses headquartered in Alabama that have reported exporting products to Brazil.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Alabama and Brazil, which is important for policymakers and trade analysts assessing economic engagement and market opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of Alabama's trade ties with Brazil and inform decisions around economic development and international trade strategies.
Q: Are there update delays or limitations?
A: This data is published on a quarterly basis, with a 3-month lag, so the most recent quarter's figures may not be fully reflected.
Related Trends
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Geographical Outreach: Number of Institutions, Other Depository Corporations for Brazil
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Number of Listed Companies for Brazil
DDOM01BRA644NWDB
International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil
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General Government Primary Net Lending/Borrowing for Brazil
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Alabama (ALBRAA475SCEN), retrieved from FRED.