Value of Exports to Albania from Pennsylvania
PAALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
416,796.00
Year-over-Year Change
158.19%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Pennsylvania to Albania. Understanding cross-border trade flows is crucial for policymakers and businesses to assess economic relationships and opportunities.
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 Albania from Pennsylvania metric tracks the total dollar value of goods and services exported from Pennsylvania to the country of Albania. This data provides insights into the commercial ties and trade dynamics between the two economies.
Methodology
The U.S. Census Bureau collects this data through customs records and surveys of exporting companies.
Historical Context
Analyzing trends in state-level exports can inform trade, investment, and economic development policies.
Key Facts
- Pennsylvania's exports to Albania totaled $X.XX million in the latest year.
- Albania was the Xth largest export destination for Pennsylvania goods.
- Key Pennsylvania exports to Albania include [top 1-2 product categories].
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Pennsylvania to the country of Albania.
Q: Why is this trend relevant for users or analysts?
A: Understanding state-level export flows provides insights into regional trade dynamics and economic relationships that are useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through customs records and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Analyzing trends in state-level exports can inform trade, investment, and economic development policies at the state and national levels.
Q: Are there update delays or limitations?
A: This data is typically published with a 1-2 month lag and may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Albania from Pennsylvania (PAALBA052SCEN), retrieved from FRED.