Value of Exports to Estonia from Alabama
ALESTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,220,422.00
Year-over-Year Change
-1.29%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Estonia from Alabama' series tracks the total dollar value of goods and services exported from the U.S. state of Alabama to the country of Estonia. This metric is a key indicator of trade activity and economic integration 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 series measures the dollar value of all exported products and services originating from Alabama and destined for Estonia. It is an important metric for analyzing trade flows, supply chain dynamics, and economic interdependence between the two areas.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this series to assess the strength of trade relationships and guide decisions on tariffs, trade agreements, and economic development initiatives.
Key Facts
- Alabama exported $36.2 million worth of goods to Estonia in 2021.
- Estonia accounts for 0.2% of Alabama's total exports.
- Top Alabama exports to Estonia include motor vehicles, machinery, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Alabama to the country of Estonia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows, supply chain dynamics, and economic integration between Alabama and Estonia.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess trade relationships and guide decisions on tariffs, trade agreements, and economic development.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-3 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Estonia from Alabama (ALESTA052SCEN), retrieved from FRED.