Value of Exports to Morocco from Alabama
ALMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,893,164.00
Year-over-Year Change
951.81%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Alabama' trend measures the total dollar value of goods and services exported from the U.S. state of Alabama to the country of Morocco. This metric is important for understanding Alabama's international trade dynamics and competitiveness.
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 represents the total value of merchandise and services exported from Alabama to Morocco. It provides insight into the commercial relationship and trade flows between the two regions, which is useful for policymakers, businesses, and economic analysts.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of Alabama exporters.
Historical Context
Tracking state-level export trends can inform decisions around economic development, trade policy, and market access.
Key Facts
- Alabama exported $72.3 million in goods to Morocco in 2021.
- Aerospace products are Alabama's top export to Morocco.
- Morocco was Alabama's 49th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Alabama to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides insights into regional trade dynamics and competitiveness, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of Alabama exporters.
Q: How is this trend used in economic policy?
A: Export trends can inform decisions around economic development, trade policy, and market access strategies.
Q: Are there update delays or limitations?
A: The data is subject to update lags and may not capture all trade flows, but provides a reliable gauge of Alabama's exports to Morocco.
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Value of Exports to Morocco from Missouri
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Value of Exports to Morocco from Oregon
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Liquid Liabilities (Broad Money) for Morocco
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Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Morocco
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Alabama (ALMARA052SCEN), retrieved from FRED.