Number of Identified Exporters to Sweden from Kentucky
KYSWEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.00
Year-over-Year Change
-0.93%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Sweden from Kentucky' measures the count of companies in Kentucky that exported goods to Sweden. This trend is an important indicator of trade relationships and economic activity between specific 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 number of unique exporters located in Kentucky that sold products to Sweden. The data can provide insights into the strength of trade connections, product specialization, and market diversification for Kentucky businesses.
Methodology
The data is collected through customs and export reporting by the U.S. Census Bureau.
Historical Context
Policymakers and economic analysts use this trend to understand Kentucky's trade profile and engagement with the Swedish market.
Key Facts
- Kentucky exported over $100 million in goods to Sweden in 2021.
- The number of identified Kentucky exporters to Sweden has increased by 25% since 2015.
- Sweden is Kentucky's 5th largest export destination in Europe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual companies or exporters located in Kentucky that sell products to Sweden.
Q: Why is this trend relevant for users or analysts?
A: The number of exporters is an important indicator of trade activity and economic ties between specific U.S. states and foreign markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and export reporting.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to understand Kentucky's trade profile and engagement with the Swedish market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting activity due to reporting thresholds.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sweden from Kentucky (KYSWEA475SCEN), retrieved from FRED.