Number of Identified Exporters to Taiwan from Kentucky
KYTWNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
254.00
Year-over-Year Change
9.96%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Taiwan from Kentucky' series tracks the count of Kentucky businesses that export their products or services to Taiwan. This economic indicator provides insights into the trade dynamics between Kentucky and Taiwan.
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 represents the number of Kentucky-based companies that have been identified as exporters to Taiwan. It serves as an important indicator of the strength and growth of Kentucky's export relationships with international markets, particularly Taiwan.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
Policymakers and business analysts use this trend to assess Kentucky's export competitiveness and guide trade policy decisions.
Key Facts
- Kentucky exported $3.1 billion worth of goods to Taiwan in 2021.
- The number of identified Kentucky exporters to Taiwan has grown by 25% since 2015.
- Taiwan is Kentucky's 5th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Kentucky that have been identified as exporters to Taiwan. It provides a count of the companies engaged in trade between the state and that international market.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the export activity and competitiveness of Kentucky's economy, as well as the strength of its trade relationships with key international markets like Taiwan.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this trend to assess Kentucky's export performance and guide decisions related to trade promotion, market diversification, and supporting the state's exporting businesses.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, so the most recent figures may not reflect the current state of Kentucky's exports to Taiwan.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Taiwan from Kentucky (KYTWNA475SCEN), retrieved from FRED.