Value of Exports to Albania from District of Columbia
DCALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,485.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2009
Summary
The 'Value of Exports to Albania from District of Columbia' series measures the dollar value of goods and services exported from the District of Columbia to Albania. This metric provides insight into the trade relationship between the two economies.
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 physical goods and intangible services exported from the District of Columbia to Albania. It is used by economists and policymakers to analyze trends in the bilateral trade flows and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of District of Columbia-based businesses and exporters.
Historical Context
Trends in this export value series can inform trade policy decisions and negotiations between the U.S. and Albania.
Key Facts
- Exports from DC to Albania peaked in 2015 at $24.7 million.
- Albania accounted for 0.01% of total U.S. exports in 2021.
- The top export categories from DC to Albania are machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the District of Columbia to Albania.
Q: Why is this trend relevant for users or analysts?
A: Tracking the value of exports between DC and Albania provides insights into the commercial relationship and trade flows between the two economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and exporters located in the District of Columbia.
Q: How is this trend used in economic policy?
A: Policymakers can use this export data to inform trade negotiations and policies between the U.S. and Albania.
Q: Are there update delays or limitations?
A: There may be a several month delay in the most recent data being available due to the time required for collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Albania from District of Columbia (DCALBA052SCEN), retrieved from FRED.