Value of Exports to Dominican Republic from Kansas
KSDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,228,576.00
Year-over-Year Change
212.43%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Kansas' series measures the total value of goods and services exported from the state of Kansas to the Dominican Republic. This metric is important for understanding trade dynamics and economic relationships between U.S. states and foreign markets.
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 dollar value of all products and services shipped from Kansas to the Dominican Republic. It provides insight into the commercial ties and trade flows between the two regions, which is relevant for policymakers, businesses, and economists analyzing state-level export activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This series can inform assessments of Kansas' export competitiveness and the state's integration with the global economy.
Key Facts
- Kansas exported over $150 million in goods and services to the Dominican Republic in 2021.
- The Dominican Republic is Kansas' 25th largest export destination globally.
- Top exported products from Kansas to the Dominican Republic include agricultural machinery, civilian aircraft, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Dominican Republic from Kansas' series tracks the total dollar value of all products and services exported from the state of Kansas to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trade dynamics and economic ties between Kansas and the Dominican Republic, which is valuable information for policymakers, businesses, and economists studying state-level export activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This series can inform assessments of Kansas' export competitiveness and the state's integration with the global economy, which is relevant for trade, economic development, and international relations policies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Kansas (KSDOMA052SCEN), retrieved from FRED.