Value of Exports to Islamic Republic of Iran from Utah
UTIRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,854,238.00
Year-over-Year Change
2046.16%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Islamic Republic of Iran from Utah' measures the dollar value of goods and services exported from the U.S. state of Utah to Iran. This indicator provides insight into trade dynamics between Utah and the Iranian economy.
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 economic trend represents the total value of merchandise and services exported from Utah to Iran. The data is used by economists, policymakers, and trade analysts to understand Utah's export relationships and the state's engagement with the Iranian market.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Tracking Utah's exports to Iran is relevant for assessing the impacts of trade policies and sanctions between the U.S. and Iran.
Key Facts
- Utah's exports to Iran peaked in 2011 at $47 million.
- Exports from Utah to Iran have declined by over 90% since 2018.
- Agricultural products make up the majority of Utah's exports to Iran.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of goods and services exported from the U.S. state of Utah to the Islamic Republic of Iran.
Q: Why is this trend relevant for users or analysts?
A: Tracking Utah's exports to Iran provides insight into the trade dynamics between the state and the Iranian economy, which is relevant for assessing the impacts of trade policies and sanctions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and trade analysts use this data to understand Utah's export relationships and the state's engagement with the Iranian market.
Q: Are there update delays or limitations?
A: The data may have delays in reporting and may not capture all export activity due to the impact of U.S. sanctions on Iran.
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Citation
U.S. Federal Reserve, Value of Exports to Islamic Republic of Iran from Utah (UTIRNA052SCEN), retrieved from FRED.