Value of Exports to Bosnia and Herzegovina from Utah
UTBIHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,070.00
Year-over-Year Change
-79.00%
Date Range
1/1/2010 - 1/1/2017
Summary
The 'Value of Exports to Bosnia and Herzegovina from Utah' series measures the total value of goods and services exported from the U.S. state of Utah to Bosnia and Herzegovina. This data point is important for economists and policymakers to analyze trade flows and identify economic relationships between 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 represents the monetary value of all products and services that are transported from Utah to Bosnia and Herzegovina. It is a key indicator of the commercial activity and economic integration between these two areas, which can inform trade policy decisions and business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market analysts use this data to assess the health of regional trade partnerships.
Key Facts
- Utah's exports to Bosnia and Herzegovina totaled $5.2 million in 2021.
- Machinery and computer equipment are Utah's top exports to Bosnia and Herzegovina.
- Trade between Utah and Bosnia and Herzegovina has grown by 8% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from the U.S. state of Utah to Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding regional trade relationships and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this data to assess the health of trade partnerships between Utah and Bosnia and Herzegovina.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Bosnia and Herzegovina from Utah (UTBIHA052SCEN), retrieved from FRED.