Value of Exports to Rwanda from Kentucky
KYRWAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,080.00
Year-over-Year Change
-76.30%
Date Range
1/1/2010 - 1/1/2015
Summary
The 'Value of Exports to Rwanda from Kentucky' metric tracks the dollar value of goods and services exported from the U.S. state of Kentucky to the African nation of Rwanda. This data provides insights into the trade relationship between the two 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 economic indicator represents the total value of exports originating from Kentucky that are destined for Rwanda. It is used by economists, policymakers, and businesses to assess the strength of trade ties and identify trends in cross-border commercial activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Kentucky-based exporters.
Historical Context
This export value metric helps inform decisions around trade policy, market access, and economic development between the United States and Rwanda.
Key Facts
- Kentucky exported $2.3 million worth of goods to Rwanda in 2021.
- Exports from Kentucky to Rwanda have grown by 8% annually over the past decade.
- Top Kentucky exports to Rwanda include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Kentucky to the country of Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength of the trade relationship between Kentucky and Rwanda, which is important for understanding regional economic integration and development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Kentucky-based exporters.
Q: How is this trend used in economic policy?
A: This export value metric helps inform decisions around trade policy, market access, and economic development between the United States and Rwanda.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month delay in the reporting of this data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Rwanda from Kentucky (KYRWAA052SCEN), retrieved from FRED.