Value of Exports to Islamic Republic of Iran from Alabama
ALIRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,049,191.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
This economic trend measures the total value of exports from the U.S. state of Alabama to the Islamic Republic of Iran. This metric is important for understanding Alabama's trade dynamics and the state's economic connections to global markets.
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 Islamic Republic of Iran from Alabama series tracks the dollar value of goods and services exported from Alabama to Iran. This data point provides insight into the commercial relationship between the state and the Middle Eastern country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Alabama exporters.
Historical Context
Policymakers and analysts use this trend to assess Alabama's trade patterns and the impacts of trade policy between the U.S. and Iran.
Key Facts
- Alabama exported $78.5 million worth of goods to Iran in 2021.
- Top Alabama exports to Iran include transportation equipment and chemicals.
- U.S. trade with Iran is heavily restricted due to economic sanctions.
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 Islamic Republic of Iran.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Alabama's trade relationship with Iran, which is important for understanding the state's economic connections to global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Alabama exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Alabama's trade patterns and the impacts of trade policy between the U.S. and Iran.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the complexities of measuring state-level trade with Iran under U.S. sanctions.
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Citation
U.S. Federal Reserve, Value of Exports to Islamic Republic of Iran from Alabama (ALIRNA052SCEN), retrieved from FRED.