Value of Exports to Bangladesh from Utah
UTBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,197,466.00
Year-over-Year Change
798.75%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Utah' series measures the total value of merchandise exports from the U.S. state of Utah to Bangladesh. This metric provides insight into economic activity and trade relationships 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 data series tracks the dollar value of physical goods and commodities exported from Utah, a major U.S. exporting state, to Bangladesh, an important trading partner. It offers a window into the commercial exchange and integration between the Utah and Bangladeshi economies.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Historical Context
Policymakers and economists analyze this series to understand state-level export dynamics and the broader trade landscape.
Key Facts
- Utah is a top-10 exporting state in the U.S.
- Bangladesh is the 38th largest export destination for the U.S.
- Textiles and apparel are major export categories from Utah to Bangladesh
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise exports from the U.S. state of Utah to Bangladesh, providing insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding state-level export dynamics, trade flows, and economic integration between Utah and Bangladesh, which are important considerations for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to monitor trade relationships, identify export opportunities, and assess the broader economic context between Utah and Bangladesh.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Utah (UTBGDA052SCEN), retrieved from FRED.