Number of Identified Exporters to Hong Kong from Kentucky
KYHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
316.00
Year-over-Year Change
13.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Kentucky' measures the total number of Kentucky-based businesses that export goods to Hong Kong. This metric provides insights into the state's international trade activities and economic ties with a key global 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
This data series tracks the number of Kentucky companies that are identified as exporting products to Hong Kong. It serves as an indicator of the commercial relationships and trade flows between Kentucky and one of the world's major financial and commercial hubs.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Policymakers and economists use this metric to analyze Kentucky's export performance and competitiveness in the global marketplace.
Key Facts
- Kentucky exported $2.3 billion worth of goods to Hong Kong in 2021.
- The number of Kentucky exporters to Hong Kong has grown by 15% over the past 5 years.
- Machinery and transportation equipment are Kentucky's top exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of Kentucky-based businesses that are identified as exporting products to Hong Kong, a major global trading partner.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Kentucky's international trade activities and economic ties with a key global market, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze Kentucky's export performance and competitiveness in the global marketplace, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some time lag between the reporting period and the data release.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Kentucky (KYHKGA475SCEN), retrieved from FRED.