Number of Identified Exporters to Thailand from Kentucky
KYTHAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
220.00
Year-over-Year Change
54.93%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Thailand from Kentucky' series tracks the number of Kentucky-based companies exporting goods to Thailand. This metric provides insight into economic trade ties and business activity between the two regions.
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 from the U.S. Census Bureau measures the count of unique Kentucky-based companies that exported products to Thailand in a given time period. It serves as an indicator of the strength of Kentucky's exporting relationships and economic integration with the Thai market.
Methodology
The data is collected through mandatory business surveys and export declarations filed with U.S. customs authorities.
Historical Context
Policymakers and trade analysts use this series to monitor Kentucky's trade performance and competitiveness in international markets.
Key Facts
- Kentucky exported over $900 million in goods to Thailand in 2021.
- The number of identified Kentucky exporters to Thailand has grown 25% since 2015.
- Trade with Thailand accounts for 4% of Kentucky's total international exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique Kentucky-based companies that exported products to Thailand in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of Kentucky's exporting relationships and economic integration with the Thai market, which is valuable for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and export declarations filed with U.S. customs authorities.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor Kentucky's trade performance and competitiveness in international markets.
Q: Are there update delays or limitations?
A: There may be delays of several months before the latest data is published, and the series does not capture all Kentucky-Thailand trade activity.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Thailand from Kentucky (KYTHAA475SCEN), retrieved from FRED.