Number of Identified Exporters to Brazil from Utah
UTBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161.00
Year-over-Year Change
73.12%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from Utah' measures the total number of businesses located in Utah that export goods to Brazil. This metric provides insight into the trade relationship between Utah and Brazil.
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 count of unique exporting enterprises based in Utah that sell products or services to Brazil. It offers a proxy for the economic activity and commercial connections between the state and this major South American market.
Methodology
The data is collected through survey responses from businesses and administrative trade records.
Historical Context
Policymakers and trade analysts monitor this metric to understand Utah's export dynamics and competitiveness in the Brazilian market.
Key Facts
- Utah exported over $400 million in goods to Brazil in 2021.
- The number of Utah exporters to Brazil has grown by 25% since 2015.
- Agriculture and machinery are Utah's top exports to the Brazilian market.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in Utah that export goods or services to Brazil, providing insight into the state's trade relationship with this major South American market.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the count of Utah exporters to Brazil offers valuable context on the state's international trade dynamics and economic connections with this key market.
Q: How is this data collected or calculated?
A: The data is collected through a combination of survey responses from businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to understand Utah's export competitiveness and guide policies supporting local businesses accessing the Brazilian market.
Q: Are there update delays or limitations?
A: There may be lags of several months in data reporting due to the time required for business surveys and trade record compilation.
Related Trends
Production: Manufacturing: Total Manufacturing for Brazil
BRAPRMNTO01GYSAQ
Boone Indicator in Banking Market for Brazil
DDOI05BRA156NWDB
Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Brazil
CRDQBRBPUBIS
Number of Identified Exporters to Brazil from Minnesota
MNBRAA475SCEN
Stock Market Turnover Ratio (Value Traded/Capitalization) for Brazil
DDEM01BRA156NWDB
Value of Exports to Brazil from Michigan
MIBRAA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Utah (UTBRAA475SCEN), retrieved from FRED.