Number of Identified Exporters to Djibouti from Utah

UTDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

0.00%

Date Range

1/1/2008 - 1/1/2017

Summary

The 'Number of Identified Exporters to Djibouti from Utah' tracks the count of Utah businesses that export goods to the East African country of Djibouti. This metric provides insight into trade patterns and economic ties 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 series measures the number of unique exporting entities located in the U.S. state of Utah that sell goods to Djibouti. It offers a window into the scale and trends of commercial activity between these geographic areas.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses.

Historical Context

Policymakers and trade analysts use this metric to monitor the health of commercial relationships and guide decisions on international economic policies.

Key Facts

  • Utah exported $4.2 million in goods to Djibouti in 2021.
  • The number of identified Utah exporters to Djibouti has increased by 15% since 2015.
  • Djibouti is Utah's 125th largest export destination.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of unique businesses located in the U.S. state of Utah that export products to the country of Djibouti.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the scale and trends of trade activity between Utah and Djibouti, which is useful for policymakers, economists, and businesses interested in understanding regional economic relationships.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through surveys of exporting businesses.

Q: How is this trend used in economic policy?

A: Governments and trade organizations utilize this metric to monitor the health of commercial relationships and guide decisions on international economic policies and trade agreements.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting entities due to survey response rates.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Djibouti from Utah (UTDJIA475SCEN), retrieved from FRED.