Value of Exports to Costa Rica from Kentucky
KYCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,342,984.00
Year-over-Year Change
123.07%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from Kentucky to Costa Rica. It provides insights into trade dynamics between the U.S. state and the Central American country.
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 Costa Rica from Kentucky series tracks the dollar value of goods and services shipped from Kentucky to the Costa Rican market. It is used by economists and policymakers to analyze regional trade patterns and the impact of economic policies on state-level exports.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for understanding the performance of Kentucky's export economy and the state's trade relationships.
Key Facts
- Kentucky exported $280 million worth of goods to Costa Rica in 2021.
- Machinery and transportation equipment are Kentucky's top exports to Costa Rica.
- Costa Rica is Kentucky's 32nd largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of goods and services exported from the U.S. state of Kentucky to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade dynamics between Kentucky and Costa Rica, which is useful for understanding regional economic performance and the impact of trade policies.
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 records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze state-level export patterns and the effects of trade agreements or tariffs on Kentucky's exports to Costa Rica.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all shipments due to limitations in business reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Kentucky (KYCRIA052SCEN), retrieved from FRED.