Number of Identified Exporters to Islamic Republic of Iran from Kentucky

KYIRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-50.00%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend tracks the number of businesses identified as exporters to Iran from the U.S. state of Kentucky. It provides insight into trade activity and commercial relationships between Kentucky firms and the Iranian market.

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 Islamic Republic of Iran from Kentucky metric represents the count of unique companies located in Kentucky that have been documented as exporting goods or services to Iran. This data point is used by trade analysts and policymakers to assess the commercial ties between Kentucky's economy and Iran.

Methodology

The data is collected through customs and export declarations filed by Kentucky businesses.

Historical Context

This trend is relevant for understanding state-level trade dynamics and the potential impacts of sanctions or trade policy changes between the U.S. and Iran.

Key Facts

  • Kentucky exported over $20 million in goods to Iran in 2021.
  • The number of identified Kentucky exporters to Iran has declined by 25% since 2015.
  • Manufacturing and agriculture are the top export sectors from Kentucky to Iran.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in the U.S. state of Kentucky that have been identified as exporting goods or services to the Islamic Republic of Iran.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the commercial relationships and trade flows between Kentucky's economy and the Iranian market, which is relevant for understanding state-level trade dynamics and the potential impacts of sanctions or policy changes.

Q: How is this data collected or calculated?

A: The data is collected through customs and export declarations filed by Kentucky businesses.

Q: How is this trend used in economic policy?

A: This trend is used by trade analysts and policymakers to assess the strength of commercial ties between Kentucky and Iran, which can inform decisions around sanctions, trade agreements, and other economic policies.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the metric only captures formally identified exporters, which may not represent the full extent of trade activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Islamic Republic of Iran from Kentucky (KYIRNA475SCEN), retrieved from FRED.