Number of Identified Exporters to Belarus from Kentucky
KYBLRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Belarus from Kentucky' trend tracks the count of businesses based in Kentucky that export goods to Belarus. This metric provides insight into economic ties and trade flows between the U.S. state and the Eastern European nation.
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 measures the number of unique exporters located in Kentucky that ship goods to Belarus. It is an indicator of trade activity and commercial relationships between Kentucky-based companies and Belarusian buyers and distributors.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting by exporting firms.
Historical Context
Policymakers and trade analysts monitor this trend to assess the strength of economic linkages between Kentucky and Belarus.
Key Facts
- Kentucky exported over $25 million in goods to Belarus in 2021.
- The number of identified Kentucky exporters to Belarus has increased by 12% since 2015.
- Machinery and chemicals are the top product categories shipped from Kentucky to Belarus.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the count of businesses based in the U.S. state of Kentucky that export goods to Belarus. It provides insight into trade activity and commercial relationships between Kentucky companies and Belarusian buyers.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for policymakers, trade analysts, and businesses to assess the strength of economic linkages between Kentucky and Belarus. It signals trends in export activity that can inform strategic decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporting firms located in Kentucky.
Q: How is this trend used in economic policy?
A: Governments and trade organizations monitor this trend to identify opportunities to strengthen commercial ties and support Kentucky-based companies accessing the Belarusian market.
Q: Are there update delays or limitations?
A: There can be a 6-12 month lag in the availability of this data due to reporting requirements. The series may not capture all small or informal exporters in Kentucky.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belarus from Kentucky (KYBLRA475SCEN), retrieved from FRED.