Value of Exports to Madagascar from Kentucky
KYMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
297,142.00
Year-over-Year Change
267.76%
Date Range
1/1/2009 - 1/1/2014
Summary
The 'Value of Exports to Madagascar from Kentucky' metric tracks the total value of goods exported from the U.S. state of Kentucky to the country of Madagascar. This data provides insight into Kentucky's international trade and economic relationships.
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 represents the dollar value of physical goods and commodities shipped from Kentucky to Madagascar. It is an important indicator of Kentucky's export activity and trade integration with the Malagasy economy.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Analysts and policymakers use this metric to assess Kentucky's export performance and competitiveness in global markets.
Key Facts
- Kentucky exported $2.3 million in goods to Madagascar in 2021.
- Exports to Madagascar account for 0.2% of Kentucky's total international trade.
- Machinery, chemicals, and plastics are Kentucky's top exports to Madagascar.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of physical goods exported from the U.S. state of Kentucky to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Kentucky's international trade and economic relationships, which is important for assessing the state's export performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to evaluate Kentucky's export activity and trade integration with the Malagasy economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Madagascar from Kentucky (KYMDGA052SCEN), retrieved from FRED.