Value of Exports to Dominica from Kentucky
KYDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,350.00
Year-over-Year Change
59.51%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Dominica from Kentucky' trend measures the dollar value of goods and services exported from the U.S. state of Kentucky to the Caribbean island nation of Dominica. This metric is important for economists and policymakers to understand regional trade patterns and dynamics.
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 series represents the total monetary value of all products and services shipped from Kentucky to Dominica over a given time period. It provides insight into the economic relationship and commercial activity between the two regions, which can inform decisions around trade policy, investment, and economic development.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other entities engaged in exporting activities.
Historical Context
Trends in state-level exports are closely monitored by government agencies, trade organizations, and market analysts to assess the health of regional economies and the impacts of trade agreements or disruptions.
Key Facts
- Kentucky's exports to Dominica totaled $1.2 million in 2021.
- Dominica ranks 130th among destination countries for Kentucky's exports.
- Machinery, transportation equipment, and food products are Kentucky's top exports to Dominica.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Kentucky to the country of Dominica over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data, like the value of Kentucky's exports to Dominica, provides insights into regional trade patterns and the health of state economies, which is valuable information for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies and entities engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are closely monitored by government agencies, trade organizations, and market analysts to assess the impacts of trade agreements, tariffs, and other policies on regional economies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the most recent data due to the time required for collection and reporting by the Census Bureau.
Related Trends
Deposit Money Bank Assets to GDP for Dominica
DDDI02DMA156NWDB
Value of Exports to Dominica from U.S. Virgin Islands
VIDMAA052SCEN
Number of Identified Exporters to Dominica from Idaho
IDDMAA475SCEN
Number of Identified Exporters to Dominica from Arizona
AZDMAA475SCEN
Liquid Assets to Deposits and Short Term Funding for Dominica
DDSI06DMA156NWDB
General Government Primary Net Lending/Borrowing for Dominica
DMAGGXONLBGDP
Citation
U.S. Federal Reserve, Value of Exports to Dominica from Kentucky (KYDMAA052SCEN), retrieved from FRED.