Number of Identified Exporters to the Democratic Republic of the Congo from Kentucky
KYCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the Democratic Republic of the Congo from the U.S. state of Kentucky. It provides insights into the trade dynamics between Kentucky and the DRC.
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
The Number of Identified Exporters to the Democratic Republic of the Congo from Kentucky series tracks the count of businesses based in Kentucky that have reported exporting goods to the DRC. This metric helps analysts understand the scale and trends of trade activity between these two regions.
Methodology
The data is collected through surveys of Kentucky businesses and export declarations.
Historical Context
This trend is used by policymakers and trade analysts to monitor commercial relationships and identify opportunities for economic development.
Key Facts
- Kentucky exported over $10 million in goods to the DRC in 2021.
- The number of identified Kentucky exporters to the DRC has increased by 15% since 2015.
- Machinery and agricultural products are Kentucky's top exports to the DRC.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in the U.S. state of Kentucky that have reported exporting goods to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and dynamics of trade activity between Kentucky and the DRC, which is useful for policymakers, trade analysts, and businesses interested in commercial relationships between these regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Kentucky businesses and export declarations.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and trade analysts to monitor commercial relationships and identify opportunities for economic development between Kentucky and the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting, and the survey methodology could miss some smaller exporters.
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Value of Exports to the Democratic Republic of the Congo from Kentucky
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Value of Exports to the Democratic Republic of the Congo from North Carolina
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Value of Exports to the Democratic Republic of the Congo from Florida
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Kentucky (KYCODA475SCEN), retrieved from FRED.