Number of Identified Exporters to India from Kentucky
KYINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
291.00
Year-over-Year Change
78.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Kentucky' series tracks the count of businesses located in Kentucky that export goods to India. This metric is valuable for policymakers and analysts to assess the state's trade relationships and economic integration.
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 data series represents the number of exporters from Kentucky that ship products to India. It provides insight into the commercial ties between the state and this major global market, which is useful for trade policy, economic development, and investment decisions.
Methodology
The data is collected through surveys of Kentucky businesses and customs records.
Historical Context
Policymakers use this metric to evaluate the effectiveness of export promotion programs and identify opportunities to expand Kentucky's trade footprint.
Key Facts
- Kentucky exported over $400 million in goods to India in 2021.
- The number of identified Kentucky exporters to India has grown by 25% since 2015.
- India is Kentucky's 4th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the count of businesses located in Kentucky that export goods to India, providing insight into the state's trade relationships.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for policymakers and analysts to assess Kentucky's economic integration and identify opportunities to expand trade with India.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Kentucky businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the effectiveness of export promotion programs and identify opportunities to expand Kentucky's trade footprint.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Kentucky (KYINDA475SCEN), retrieved from FRED.