Number of Identified Exporters to Japan from Alabama
ALJPNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
259.00
Year-over-Year Change
-5.82%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Japan from Alabama' metric tracks the count of businesses based in Alabama that are exporting goods to Japan. This provides insight into trade patterns and economic integration between the state and a major global market.
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 number of unique exporters located in Alabama that have reported shipments to Japan. It serves as an indicator of the scale and diversity of Alabama's trade relationships with the Japanese economy.
Methodology
The data is collected through mandatory reporting by U.S. exporters to the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate Alabama's export competitiveness and integration with the Japanese market.
Key Facts
- Alabama exported over $1 billion in goods to Japan in 2021.
- Japan is Alabama's 4th largest export destination globally.
- The number of Alabama exporters to Japan has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the count of businesses based in Alabama that are exporting goods to Japan. It provides insight into trade patterns and economic integration between the state and a major global market.
Q: Why is this trend relevant for users or analysts?
A: The number of identified exporters is a key indicator of a state's trade competitiveness and the depth of its economic relationships with major global markets like Japan.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. exporters to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Alabama's export competitiveness and integration with the Japanese market, informing economic development strategies.
Q: Are there update delays or limitations?
A: There may be a several month delay in data availability due to the reporting process, and the metric only captures identified exporters, not the full universe of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Japan from Alabama (ALJPNA475SCEN), retrieved from FRED.