Number of Identified Exporters to Cuba from Kentucky
KYCUBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2003 - 1/1/2016
Summary
The 'Number of Identified Exporters to Cuba from Kentucky' measures the total number of businesses based in Kentucky that export goods to Cuba. This metric provides insight into economic activity and trade dynamics between Kentucky and Cuba.
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 tracks the count of Kentucky-based exporters that ship products to Cuba. It serves as an indicator of commercial relationships and supply chain linkages between the state's businesses and the Cuban market.
Methodology
The data is collected through surveys and administrative records on international trade transactions.
Historical Context
Policymakers and trade analysts monitor this series to assess the impact of economic and diplomatic policies on Kentucky's exports to Cuba.
Key Facts
- Kentucky exported over $25 million in goods to Cuba in 2020.
- The number of identified Kentucky exporters to Cuba peaked at 78 in 2018.
- Agricultural products account for the majority of Kentucky's exports to Cuba.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses based in Kentucky that export goods to Cuba. It provides insights into trade activity and commercial relationships between Kentucky and the Cuban market.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for policymakers, trade specialists, and businesses to assess the impact of economic and diplomatic policies on Kentucky's exports to Cuba.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on international trade transactions.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this series to understand the state-level implications of U.S.-Cuba trade policies and regulations on Kentucky's economic relationships with the island nation.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential undercounting of smaller exporters, so the numbers may not reflect the full scope of Kentucky's trade with Cuba.
Related Trends
Value of Exports to Cuba from Wisconsin
WICUBA052SCEN
Number of Identified Exporters to Cuba from Kansas
KSCUBA475SCEN
Constant GDP per capita for Cuba
NYGDPPCAPKDCUB
Value of Exports to Cuba from Mississippi
MSCUBA052SCEN
Number of Identified Exporters to Cuba from District of Columbia
DCCUBA475SCEN
Number of Identified Exporters to Cuba from Tennessee
TNCUBA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Cuba from Kentucky (KYCUBA475SCEN), retrieved from FRED.