Value of Exports to Singapore from Kentucky
KYSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
852,468,916.00
Year-over-Year Change
237.54%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Kentucky' series measures the total value of goods and services exported from Kentucky to Singapore. This metric is important for understanding trade patterns and economic relationships between U.S. states and foreign markets.
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 tracks the dollar value of all merchandise and services exported from the state of Kentucky to Singapore. It provides insight into the commercial and economic ties between Kentucky and one of its key international trading partners.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this metric to assess Kentucky's export performance and competitiveness in the Singaporean market.
Key Facts
- Kentucky exported $1.2 billion worth of goods and services to Singapore in 2021.
- Singapore was Kentucky's 9th largest export destination in 2021.
- Top Kentucky exports to Singapore include aerospace products, machinery, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all merchandise and services exported from the state of Kentucky to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Kentucky's trade relationship and economic ties with one of its key international markets, Singapore.
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 businesses use this metric to assess Kentucky's export performance and competitiveness in the Singaporean market.
Q: Are there update delays or limitations?
A: The data is released with a lag, typically several months after the end of the reporting period.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Kentucky (KYSGPA052SCEN), retrieved from FRED.