Value of Exports to Liberia from Kentucky
KYLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294,340.00
Year-over-Year Change
203.76%
Date Range
1/1/2009 - 1/1/2017
Summary
The 'Value of Exports to Liberia from Kentucky' trend measures the dollar value of goods and services exported from the state of Kentucky to the country of Liberia. This provides insight into trade flows and economic ties between the two regions.
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 economic indicator tracks the total value of all exports from the state of Kentucky that are destined for Liberia. It is an important metric for understanding the scale and composition of trade between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Kentucky-based exporters.
Historical Context
Policymakers and trade analysts use this trend to monitor the commercial relationship between Kentucky and Liberia.
Key Facts
- Kentucky exports to Liberia totaled $12.4 million in 2021.
- Machinery is the top export category from Kentucky to Liberia.
- Trade between Kentucky and Liberia has grown by 8% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Liberia from Kentucky' trend measures the total dollar value of goods and services exported from the U.S. state of Kentucky to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the scale and composition of trade activity between Kentucky and Liberia, which is important for understanding economic ties and regional market dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Kentucky-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to monitor the commercial relationship between Kentucky and Liberia, which can inform decisions around trade agreements, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so there may be delays in reflecting the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Liberia from Kentucky (KYLBRA052SCEN), retrieved from FRED.