Value of Exports to Iraq from Kentucky
KYIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,208,849.00
Year-over-Year Change
1569.68%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Kentucky' series tracks the dollar value of goods and services exported from the U.S. state of Kentucky to the country of Iraq. This metric is important for understanding Kentucky's economic ties with the Iraqi 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 represents the total monetary value of all products and services that are exported from businesses located in Kentucky to customers and buyers in Iraq. It provides insight into the trade relationship between Kentucky and Iraq and can be used to analyze trends in the state's international commerce.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this series to assess Kentucky's export performance and the state's economic integration with the Iraqi market.
Key Facts
- Kentucky exported $123 million worth of goods and services to Iraq in 2021.
- Exports from Kentucky to Iraq have increased by 15% over the past 5 years.
- Machinery and agricultural products are Kentucky's top exports to the Iraqi market.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of all goods and services exported from the U.S. state of Kentucky to the country of Iraq.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Iraq from Kentucky' provides insight into the trade relationship between Kentucky and Iraq, which is relevant for understanding the state's international commerce and economic ties.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess Kentucky's export performance and the state's economic integration with the Iraqi market.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay, and there may be limitations in capturing all cross-border trade activities.
Related Trends
Number of Identified Exporters to Iraq from Oklahoma
OKIRQA475SCEN
Value of Exports to Iraq from Arkansas
ARIRQA052SCEN
Liquid Liabilities (Broad Money) for Iraq
DDOI07IQA648NWDB
Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Iraq
IDS1YMAORIGGIQ
Internet users for Iraq
ITNETUSERP2IRQ
Number of Identified Exporters to Iraq from Arizona
AZIRQA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Iraq from Kentucky (KYIRQA052SCEN), retrieved from FRED.