Number of Identified Exporters to the Plurinational State of Bolivia from Kansas
KSBOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.00
Year-over-Year Change
190.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Kansas to the Plurinational State of Bolivia. It provides insight into the commercial trade relationship between these 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
The Number of Identified Exporters to the Plurinational State of Bolivia from Kansas tracks the count of unique Kansas-based companies that ship goods and services to Bolivia. This metric is used by economists and policymakers to analyze trends in bilateral trade flows and the diversification of export markets.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Historical Context
This trend is relevant for assessing the health of Kansas' export economy and identifying opportunities to expand trade with Bolivia.
Key Facts
- Kansas exported $75 million in goods to Bolivia in 2021.
- The number of identified Kansas exporters to Bolivia has grown by 12% since 2018.
- Food products and machinery are the top exports from Kansas to Bolivia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies based in the U.S. state of Kansas that export goods or services to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and diversification of Kansas' export relationships, which is an important indicator of regional economic health and trade competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to assess the impact of trade agreements, identify new export opportunities, and develop strategies to support Kansas businesses in accessing global markets.
Q: Are there update delays or limitations?
A: This data is published quarterly with a 3-month lag, so it may not reflect the most recent trade activity. The Census Bureau's exporter identification methods can also miss some smaller or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Plurinational State of Bolivia from Kansas (KSBOLA475SCEN), retrieved from FRED.