Value of Exports to Romania from Kansas
KSROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,220,520.00
Year-over-Year Change
414.90%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Romania from Kansas' measures the total dollar value of goods and services exported from the state of Kansas to Romania. This metric provides insight into trade dynamics and economic activity between the two regions.
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 total value of exports originating from Kansas and destined for Romania. It is an important indicator of the commercial relationship and interdependence between the Kansas economy and the Romanian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Policymakers and trade analysts use this series to evaluate Kansas' export performance and the state's economic ties with Romania.
Key Facts
- Kansas is a major agricultural exporter, with food products comprising a significant share of its exports to Romania.
- Exports from Kansas to Romania peaked in 2018 at over $75 million.
- The Value of Exports to Romania from Kansas has exhibited volatility in recent years due to global trade policy changes.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of Kansas to Romania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade dynamics and economic interdependence between Kansas and the Romanian market, which is valuable for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to evaluate Kansas' export performance and the state's economic ties with Romania.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have lags in reporting, but it provides a reliable source of information on Kansas-Romania trade flows.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Kansas (KSROUA052SCEN), retrieved from FRED.