Number of Identified Exporters to Bangladesh from Kentucky

KYBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.00

Year-over-Year Change

-5.26%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Bangladesh from Kentucky' series tracks the total number of Kentucky-based companies that export goods to Bangladesh. This metric is valuable for economists and policymakers analyzing trade trends and regional 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 series represents the count of unique Kentucky-based businesses that have reported exporting products or services to Bangladesh. It provides insight into the scale and diversity of Kentucky's export activity to this key international market.

Methodology

The data is collected through mandatory exporter reporting to the U.S. Census Bureau.

Historical Context

Trends in this series can inform trade policy, market access assessments, and regional economic development strategies.

Key Facts

  • Kentucky exported over $50 million in goods to Bangladesh in 2021.
  • The number of Kentucky exporters to Bangladesh grew 12% from 2020 to 2021.
  • Top Kentucky exports to Bangladesh include agricultural products and machinery.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total number of unique Kentucky-based companies that have reported exporting goods or services to Bangladesh.

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

A: Trends in Kentucky's exporter count to Bangladesh provide insights into the state's international trade activity and regional economic performance.

Q: How is this data collected or calculated?

A: The data is collected through mandatory reporting by exporters to the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this data to assess trade patterns, market access, and regional economic development strategies.

Q: Are there update delays or limitations?

A: The data is subject to a 3-month reporting lag, and may not capture all exporting activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Kentucky (KYBGDA475SCEN), retrieved from FRED.