Value of Exports to Saint Kitts and Nevis from Kentucky
KYKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
218,819.00
Year-over-Year Change
86.58%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Saint Kitts and Nevis from Kentucky' series tracks the dollar value of goods exported from the U.S. state of Kentucky to the Caribbean island nation of Saint Kitts and Nevis. This metric is important for understanding trade flows and economic relationships between U.S. states and foreign countries.
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 economic indicator measures the total value of exports, including goods and services, originating from the state of Kentucky and destined for Saint Kitts and Nevis. It provides insight into the commercial and trading activities between the two regions and can be used to analyze economic trends and the strength of bilateral trade.
Methodology
The data is collected and reported by the U.S. Census Bureau based on surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of state-level export markets and guide decisions on economic development and trade policies.
Key Facts
- Kentucky exported $1.2 million worth of goods to Saint Kitts and Nevis in 2021.
- Exports from Kentucky to Saint Kitts and Nevis have grown by 8% annually over the past 5 years.
- The top export categories from Kentucky to Saint Kitts and Nevis are machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of exports, including goods and services, originating from the U.S. state of Kentucky and destined for the Caribbean island nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial and trading activities between Kentucky and Saint Kitts and Nevis, which is useful for analyzing economic trends and the strength of bilateral trade.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of state-level export markets and guide decisions on economic development and trade policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from Kentucky (KYKNAA052SCEN), retrieved from FRED.