Value of Exports to Denmark from Alabama
ALDNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,674,621.00
Year-over-Year Change
215.26%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Denmark from Alabama' trend measures the total value of goods and services exported from the U.S. state of Alabama to Denmark. This provides insight into economic ties and trade flows between the two regions.
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, published by the U.S. Census Bureau, tracks the total monetary value of exports originating from Alabama that are destined for Denmark. It is a key indicator of commercial activity and economic interdependence between the two locations.
Methodology
The data is collected through surveys of U.S. exporters and compiled by government statistical agencies.
Historical Context
Analysts and policymakers monitor this trend to understand the state of Alabama's international trade relationships and broader economic performance.
Key Facts
- Alabama is a major exporting state in the U.S.
- Denmark is an important trade partner for Alabama.
- Exports to Denmark account for a small but steady share of Alabama's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the U.S. state of Alabama to Denmark.
Q: Why is this trend relevant for users or analysts?
A: Tracking Alabama's export value to Denmark provides insight into the state's international trade relationships and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand the state of Alabama's trade ties and make informed decisions about economic development and trade policies.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of this data, as it relies on survey responses from exporters.
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Citation
U.S. Census Bureau, Value of Exports to Denmark from Alabama (ALDNKA052SCEN), retrieved from FRED.