Number of Identified Exporters to Iraq from Kentucky

KYIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.00

Year-over-Year Change

28.57%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Number of Identified Exporters to Iraq from Kentucky' series tracks the count of unique businesses located in Kentucky that reported exporting goods to Iraq in a given year.

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 metric provides insight into the level of economic activity and trade ties between Kentucky and Iraq. It is used by policymakers and analysts to monitor trends in international commerce and identify opportunities for export growth.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses.

Historical Context

Trends in this series are closely watched by trade organizations and state economic development agencies.

Key Facts

  • Kentucky exported over $50 million in goods to Iraq in 2021.
  • The number of identified Kentucky exporters to Iraq has tripled since 2010.
  • Machinery and transportation equipment are Kentucky's top exports to Iraq.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of unique businesses located in Kentucky that reported exporting goods to Iraq in a given year.

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

A: This metric provides insight into the level of economic activity and trade ties between Kentucky and Iraq, which is useful for policymakers and analysts monitoring international commerce.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses.

Q: How is this trend used in economic policy?

A: Trends in this series are closely watched by trade organizations and state economic development agencies to identify opportunities for export growth.

Q: Are there update delays or limitations?

A: The data may have a 1-2 year lag due to the survey collection process.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Iraq from Kentucky (KYIRQA475SCEN), retrieved from FRED.