Number of Identified Exporters to Saudi Arabia from Kentucky

KYSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

162.00

Year-over-Year Change

37.29%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Saudi Arabia from Kentucky tracks the number of companies based in Kentucky that export goods and services to Saudi Arabia.

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 provides insights into the economic relationship between Kentucky and Saudi Arabia, highlighting the number of Kentucky businesses that are active in the Saudi Arabian export market.

Methodology

The data is collected by the U.S. Census Bureau through its Exporter Location Series.

Historical Context

This metric is used by policymakers and trade analysts to monitor Kentucky's export activity and competitiveness in the global marketplace.

Key Facts

  • Kentucky exported $1.1 billion in goods to Saudi Arabia in 2021.
  • The number of Kentucky exporters to Saudi Arabia has increased by 20% since 2015.
  • Machinery and transportation equipment are Kentucky's top exports to Saudi Arabia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of companies based in Kentucky that export goods and services to Saudi Arabia.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into Kentucky's export activity and competitiveness in the global marketplace, particularly in the Saudi Arabian market.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through its Exporter Location Series.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor and inform policies related to international trade and state economic development.

Q: Are there update delays or limitations?

A: The data is updated annually, and there may be a lag of several months between the end of the reference year and the release of the data.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Saudi Arabia from Kentucky (KYSAUA475SCEN), retrieved from FRED.