Value of Exports to Philippines from Kentucky
KYPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,370,170.00
Year-over-Year Change
20.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Kentucky' measures the total dollar value of goods exported from Kentucky to the Philippines. This metric is important for understanding trade dynamics and regional economic activity.
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 total value of physical goods and commodities exported from the state of Kentucky to the Philippines over a given time period. It is a key indicator of the commercial trade relationship between Kentucky and the Philippines.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Historical Context
Policymakers and trade analysts use this metric to assess the health of Kentucky's export economy and its integration with the Philippine market.
Key Facts
- Kentucky exported over $200 million worth of goods to the Philippines in 2021.
- The Philippines is Kentucky's 8th largest export destination globally.
- Machinery and transportation equipment are Kentucky's top exports to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of physical goods and commodities exported from the state of Kentucky to the Philippines over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the trade dynamics and commercial relationship between Kentucky and the Philippines, which is a key export market for the state.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of Kentucky's export economy and its integration with the Philippine market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Kentucky (KYPHLA052SCEN), retrieved from FRED.