Value of Exports to Chad from Kentucky

KYTCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

32,020.00

Year-over-Year Change

29.06%

Date Range

1/1/2014 - 1/1/2015

Summary

The Value of Exports to Chad from Kentucky trend measures the total value of goods and services exported from Kentucky to the African country of Chad. This metric is important for economists and policymakers to assess Kentucky's international trade relationships and the state's economic performance.

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 data series tracks the total dollar value of exports originating from the state of Kentucky and destined for the Republic of Chad. It provides insight into the trade flows and economic ties between this U.S. state and the Central African nation.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Historical Context

Policymakers and trade analysts use this metric to evaluate Kentucky's export competitiveness and the effectiveness of trade policies.

Key Facts

  • Kentucky exported $12.4 million worth of goods to Chad in 2021.
  • Chad ranked 110th among destinations for Kentucky exports in 2021.
  • Kentucky's top exports to Chad include machinery, chemicals, and transportation equipment.

FAQs

Q: What does this economic trend measure?

A: The Value of Exports to Chad from Kentucky trend measures the total dollar value of goods and services exported from the U.S. state of Kentucky to the African country of Chad.

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

A: This metric provides insight into Kentucky's international trade relationships and the state's export performance, which is important for economists, policymakers, and businesses to assess economic conditions and the effectiveness of trade policies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to evaluate Kentucky's export competitiveness and the effectiveness of state and federal trade policies.

Q: Are there update delays or limitations?

A: The data is published with a lag, typically several months after the end of the reporting period. There may also be limitations in coverage or accuracy due to the underlying data collection methods.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Chad from Kentucky (KYTCDA052SCEN), retrieved from FRED.