Value of Exports to Taiwan from Kentucky
KYTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173,413,305.00
Year-over-Year Change
-53.78%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Kentucky' measures the total value of goods and services exported from Kentucky to Taiwan. This metric is an important indicator of international trade and economic relationships between U.S. states and foreign countries.
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 exports originating from Kentucky that are destined for Taiwan. Economists and policymakers use this data to analyze trade flows, identify market opportunities, and assess the economic ties between U.S. states and major trading partners.
Methodology
The data is collected and reported by the U.S. Census Bureau through its USA Trade Online platform.
Historical Context
Trends in Kentucky's exports to Taiwan can provide insights into the state's economic performance and integration with global markets.
Key Facts
- Kentucky exported $1.2 billion worth of goods to Taiwan in 2021.
- Taiwan was Kentucky's 6th largest export market in 2021.
- Machinery, chemicals, and transportation equipment are Kentucky's top exports to Taiwan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Kentucky to Taiwan, a major trading partner.
Q: Why is this trend relevant for users or analysts?
A: Tracking Kentucky's exports to Taiwan is important for understanding the state's economic performance, trade relationships, and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its USA Trade Online platform.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trade flows, identify market opportunities, and assess the economic ties between U.S. states and major trading partners like Taiwan.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may be subject to revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Kentucky (KYTWNA052SCEN), retrieved from FRED.