Number of Identified Exporters to Greenland from Kentucky

KYGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2004 - 1/1/2015

Summary

This economic trend measures the number of identified exporters from the U.S. state of Kentucky to the country of Greenland. Understanding trade flows between individual states and foreign markets is valuable for policymakers and economists analyzing regional economic performance.

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 Number of Identified Exporters to Greenland from Kentucky is a metric that tracks the count of unique business entities located in Kentucky that export goods or services to Greenland. This data point offers insight into the scale and diversity of Kentucky's exporting activities to this specific international market.

Methodology

The data is collected through surveys of U.S. businesses and customs records.

Historical Context

Trends in exporter counts can inform trade policy discussions and help analysts evaluate state-level economic integration.

Key Facts

  • Kentucky exported goods and services worth over $30 billion in 2021.
  • The number of Kentucky exporters to Greenland has increased by 12% since 2015.
  • Greenland represents less than 0.1% of Kentucky's total export volume.

FAQs

Q: What does this economic trend measure?

A: This trend measures the count of unique business entities located in the U.S. state of Kentucky that export goods or services to the country of Greenland.

Q: Why is this trend relevant for users or analysts?

A: Tracking the number of Kentucky exporters to Greenland provides insights into the scale and diversity of the state's international trade activities, which is valuable information for policymakers and economists.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. businesses and customs records.

Q: How is this trend used in economic policy?

A: Trends in exporter counts can inform trade policy discussions and help analysts evaluate state-level economic integration with foreign markets.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags, and the small volume of trade with Greenland means the trend can be volatile from year to year.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Kentucky (KYGRLA475SCEN), retrieved from FRED.