Value of Exports to Maldives from Kentucky
KYMDVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
305,320.00
Year-over-Year Change
29.73%
Date Range
1/1/2007 - 1/1/2017
Summary
The 'Value of Exports to Maldives from Kentucky' measures the total dollar value of goods and services exported from the U.S. state of Kentucky to the island nation of Maldives. This data provides insights into trade patterns and economic relationships between regions.
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 dollar amount of exports originating from Kentucky and destined for Maldives. It is a key metric for analyzing the trade flows and commercial ties between these two geographic areas, which can inform economic policy decisions and business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Historical Context
Policymakers and businesses use this metric to monitor changes in Kentucky's export activity and identify opportunities or challenges in the Maldives market.
Key Facts
- Kentucky's exports to Maldives totaled $24.3 million in 2021.
- Maldives accounts for less than 0.1% of Kentucky's total international exports.
- Export values to Maldives from Kentucky have fluctuated significantly in recent years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of goods and services exported from the U.S. state of Kentucky to the country of Maldives.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and economic ties between Kentucky and Maldives, which can inform business strategies and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this data to monitor changes in Kentucky's export activity and identify opportunities or challenges in the Maldives market.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Value of Exports to Maldives from Kentucky (KYMDVA052SCEN), retrieved from FRED.