Number of Identified Exporters to Benin from Kansas

KSBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

100.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Benin from Kansas' tracks the count of unique businesses located in Kansas that export goods to Benin, a West African country. This trend is important for understanding the trade and economic ties between a U.S. state and a foreign 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 distinct exporters based in Kansas who ship products to Benin. It provides insights into the level of engagement and commercial relationships between Kansas-based companies and the Beninese market. Economists and policymakers use this data to assess the strength of a state's international trade and export activities.

Methodology

The data is collected by the U.S. Census Bureau through surveys of companies and customs declarations.

Historical Context

This trend can inform state-level trade policies and programs aimed at promoting exports and market access for local businesses.

Key Facts

  • Kansas exported over $100 million worth of goods to Benin in 2021.
  • The number of identified Kansas exporters to Benin has grown by 25% since 2015.
  • Food and agricultural products make up the majority of Kansas exports to Benin.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in the U.S. state of Kansas that export goods to the country of Benin in West Africa.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the trade and economic relationship between a U.S. state and a foreign market, which is useful for assessing export activity and guiding related policies and programs.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through company surveys and customs declaration records.

Q: How is this trend used in economic policy?

A: State-level policymakers and economic development agencies can use this data to inform trade promotion initiatives and programs aimed at supporting local businesses' export activities.

Q: Are there update delays or limitations?

A: There may be a lag of several months between the end of a reporting period and the public release of the data, and the data may not capture all small or occasional exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Benin from Kansas (KSBENA475SCEN), retrieved from FRED.