Value of Exports to Fiji from Alabama
ALFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,299.00
Year-over-Year Change
-2.20%
Date Range
1/1/1992 - 1/1/2011
Summary
This economic trend measures the value of exports from the U.S. state of Alabama to the country of Fiji. It provides insights into trade activity and commercial relationships between Alabama and this Pacific Island nation.
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 'Value of Exports to Fiji from Alabama' metric tracks the dollar value of goods and services exported from Alabama to Fiji over time. This data point is useful for analyzing Alabama's trade balance, market access, and economic integration with the Fijian economy.
Methodology
The data is collected through surveys of Alabama-based exporters and compiled by the U.S. Census Bureau.
Historical Context
This export data informs economic policymakers and business leaders about trends in Alabama's international trade.
Key Facts
- Alabama exported $12.4 million worth of goods to Fiji in 2021.
- Exports to Fiji account for less than 0.1% of Alabama's total international trade.
- The top Alabama exports to Fiji are machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Alabama to the country of Fiji over time.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Alabama's trade relationship and economic integration with the Fijian market, which is useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Alabama-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export data informs economic policymakers and business leaders about trends in Alabama's international trade.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, and may not capture all trade activity between Alabama and Fiji.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Alabama (ALFJIA052SCEN), retrieved from FRED.