Value of Exports to Switzerland from Kentucky
KYCHEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63,207,754.00
Year-over-Year Change
109.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Switzerland from Kentucky measures the total dollar value of goods and services shipped from Kentucky to Switzerland. This metric provides insight into Kentucky's trade relationship with a key international 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
The Value of Exports to Switzerland from Kentucky is an economic indicator that quantifies the commercial activity between Kentucky and Switzerland. It represents the monetary value of all products and services exported from Kentucky to the Swiss market over a given time period.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Kentucky exporters.
Historical Context
This trend is used by policymakers, trade analysts, and businesses to monitor Kentucky's export performance and competitiveness in the Swiss market.
Key Facts
- Kentucky exported $680 million worth of goods to Switzerland in 2021.
- Switzerland is Kentucky's 6th largest international export market.
- Machinery and transportation equipment are Kentucky's top exports to Switzerland.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Switzerland from Kentucky measures the total monetary value of all goods and services exported from the state of Kentucky to the country of Switzerland over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Kentucky's trade relationship with an important international market, allowing policymakers, businesses, and analysts to monitor the state's export performance and competitiveness in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Kentucky exporters.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, trade analysts, and businesses to understand Kentucky's export dynamics and inform decisions related to international trade, economic development, and market strategies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly or quarterly basis, with some potential for delays in data collection and publication.
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Citation
U.S. Federal Reserve, Value of Exports to Switzerland from Kentucky (KYCHEA052SCEN), retrieved from FRED.