Value of Exports to Dominican Republic from Kentucky
KYDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,878,871.00
Year-over-Year Change
149.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Kentucky' trend measures the dollar value of goods and services exported from Kentucky to the Dominican Republic. This statistic is important for economists and policymakers to analyze trade relationships and regional economic activity.
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 indicator tracks the total value of merchandise and services exported from the state of Kentucky to the Dominican Republic. It provides insight into the trade dynamics and commercial ties between these two economies, which is relevant for assessing regional economic performance and international commercial flows.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This export data informs trade policy discussions and is used by market analysts to understand cross-border economic activity.
Key Facts
- Kentucky exported $305 million to the Dominican Republic in 2020.
- Exports to the Dominican Republic account for 1.2% of Kentucky's total exports.
- Machinery, chemicals, and transportation equipment are Kentucky's top exports to the Dominican Republic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Kentucky to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the trade relationship between Kentucky and the Dominican Republic, which is useful for analyzing regional economic performance and international commercial activity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export data informs trade policy discussions and is used by market analysts to understand cross-border economic activity.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be lags or revisions in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Kentucky (KYDOMA052SCEN), retrieved from FRED.