Value of Exports to Hong Kong from Kansas
KSHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160,509,659.00
Year-over-Year Change
62.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Kansas' measures the dollar value of goods and services exported from the state of Kansas to Hong Kong. This indicator provides insight into Kansas's trade relationship and economic ties with one of the world's major commercial hubs.
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 trend tracks the total value of exports originating from Kansas and destined for Hong Kong. It offers a window into the commercial activity and trade flows between the state and this key international market, which is an important trade partner for many U.S. states.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and economists monitor this trend to understand state-level trade dynamics and the evolving commercial relationships between U.S. regions and major foreign markets.
Key Facts
- Kansas exported over $700 million in goods to Hong Kong in 2021.
- Hong Kong was the 5th largest export destination for Kansas in 2021.
- Exports to Hong Kong account for over 3% of Kansas's total international trade.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Hong Kong from Kansas' measures the total dollar value of goods and services exported from the state of Kansas to the international market of Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship and commercial ties between Kansas and one of the world's leading economic hubs, offering valuable information for policymakers, businesses, and economists analyzing state-level trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand state-level trade patterns and the evolving commercial relationships between U.S. regions and major foreign markets, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the end of the reference period, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Kansas (KSHKGA052SCEN), retrieved from FRED.