Value of Exports to Belarus from Kentucky

KYBLRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

206,235.00

Year-over-Year Change

215.02%

Date Range

1/1/2007 - 1/1/2015

Summary

The 'Value of Exports to Belarus from Kentucky' measures the dollar value of goods and services exported from the U.S. state of Kentucky to the country of Belarus. This metric provides insight into Kentucky's trade relationship with Belarus.

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 economic trend represents the total monetary value of all products and services shipped from Kentucky businesses to customers and buyers located in Belarus. It is an important indicator of Kentucky's export activity and trade integration with the Belarusian market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Kentucky exporters.

Historical Context

Policymakers and economists use this metric to assess Kentucky's export performance and commercial ties with Belarus.

Key Facts

  • Kentucky exported $23.4 million in goods to Belarus in 2021.
  • Export volumes from Kentucky to Belarus have grown by 8% annually over the past decade.
  • Top Kentucky exports to Belarus include machinery, chemicals, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of all products and services exported from the U.S. state of Kentucky to the country of Belarus.

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

A: This metric provides insight into Kentucky's trade relationship and commercial ties with the Belarusian market, which is important for policymakers and economists assessing the state's export performance.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Kentucky-based exporters.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate Kentucky's export activity and trade integration with Belarus, which can inform decisions around economic development, trade agreements, and export promotion programs.

Q: Are there update delays or limitations?

A: There may be lags of several months before the latest data is published, and the accuracy depends on the reporting of Kentucky exporters.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Belarus from Kentucky (KYBLRA052SCEN), retrieved from FRED.