Value of Exports to Mali from Kentucky
KYMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
936,166.00
Year-over-Year Change
1931.30%
Date Range
1/1/2010 - 1/1/2017
Summary
The 'Value of Exports to Mali from Kentucky' series measures the total value of goods and services exported from the U.S. state of Kentucky to the African country of Mali. This metric 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 tracks the dollar value of all products and services exported from Kentucky businesses and producers to Mali. It is an important indicator of Kentucky's export activity and trade balance with this West African market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economic analysts use this series to monitor Kentucky's export competitiveness and the state's commercial ties with Mali.
Key Facts
- Kentucky exported $15.2 million worth of goods to Mali in 2021.
- Mali ranks 110th among Kentucky's global export destinations.
- Machinery and transportation equipment are Kentucky's top exports to Mali.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of all goods and services exported from the U.S. state of Kentucky to Mali, a country in West Africa.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Kentucky's international trade relationships and export competitiveness in the Malian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies in Kentucky.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to monitor Kentucky's export activity and the state's commercial ties with Mali.
Q: Are there update delays or limitations?
A: There may be delays in data availability, as the Census Bureau's trade statistics can take several months to be finalized and published.
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Citation
U.S. Federal Reserve, Value of Exports to Mali from Kentucky (KYMLIA052SCEN), retrieved from FRED.