Number of Identified Exporters to Bangladesh from Utah
UTBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
280.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Bangladesh from Utah tracks the count of unique businesses located in Utah that export goods to Bangladesh. This metric is a key indicator of Utah's international trade and economic ties.
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 total number of distinct companies headquartered in Utah that have reported exporting products or services to Bangladesh. It is used by economists and policymakers to assess the scale and dynamics of Utah's export market to this important South Asian trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Trends in Utah's exporter count to Bangladesh can inform state-level trade and economic development policies.
Key Facts
- Utah exported $91 million in goods to Bangladesh in 2021.
- The number of Utah exporters to Bangladesh grew by 10% in 2022.
- Manufacturing is the largest export sector from Utah to Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique businesses located in Utah that reported exporting goods or services to Bangladesh in a given year.
Q: Why is this trend relevant for users or analysts?
A: Tracking the count of Utah exporters to Bangladesh provides insight into the scale and dynamics of the state's trade relationship with this key South Asian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Trends in the number of Utah exporters to Bangladesh can inform state-level policies and programs aimed at supporting international trade and economic development.
Q: Are there update delays or limitations?
A: The data may have a 6-12 month reporting lag, and only includes businesses that formally report export activities to the Census Bureau.
Related Trends
Number of Identified Exporters to Bangladesh from New Hampshire
NHBGDA475SCEN
Use of Financial Services Deposit Accounts: Accounts at Other Deposit Takers for Bangladesh
BGDFCAODDNUM
Gross Domestic Product Per Capita for Bangladesh
PCAGDPBDA646NWDB
Use of Financial Services: Number of Depositors at Commercial Banks for Bangladesh
BGDFCDODCPENUM
Use of Financial Services: Number of Loan Accounts for Households at Other Deposit Takers for Bangladesh
BGDFCNODDHNUM
Geographical Outreach: Key Indicators, All MFI Branches Per 100,000 Adults for Bangladesh
BGDFCBODMFANUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Utah (UTBGDA475SCEN), retrieved from FRED.