Number of Identified Exporters to Romania from Kentucky
KYROUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
114.29%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Romania from Kentucky' series measures the count of businesses located in Kentucky that exported goods to Romania. This data point is relevant for policymakers and trade analysts tracking economic relationships between U.S. states and foreign markets.
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 number of distinct companies based in Kentucky that exported products or services to Romania in a given time period. It provides insight into the commercial ties and trade flows between Kentucky and the Romanian market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Historical Context
This metric is used by government agencies and trade organizations to evaluate state-level export trends and the performance of specific trade corridors.
Key Facts
- Kentucky exported over $100 million in goods to Romania in 2021.
- The number of identified Kentucky exporters to Romania has grown by 25% since 2015.
- Machinery and transportation equipment are Kentucky's top exports to Romania.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Kentucky that exported goods or services to Romania in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial ties and trade flows between a U.S. state and a foreign market, which is valuable data for policymakers, trade organizations, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Government agencies and trade organizations use this metric to evaluate state-level export trends and the performance of specific trade corridors, which can inform economic and trade policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the series does not capture all exporters, as it only includes identified businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Romania from Kentucky (KYROUA475SCEN), retrieved from FRED.