Value of Exports to Kiribati from Utah
UTKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,315.00
Year-over-Year Change
-56.77%
Date Range
1/1/1992 - 1/1/2005
Summary
The Value of Exports to Kiribati from Utah measures the total dollar value of goods and services exported from the U.S. state of Utah to the island nation of Kiribati. This metric provides insight into economic ties and trade flows 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 represents the monetary value of all products and services that are produced in Utah and sold to buyers in Kiribati. It is an important indicator of the commercial relationship and interdependence between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.
Historical Context
Economists and policymakers use this metric to analyze trade dynamics and identify opportunities for expanding Utah's exports.
Key Facts
- Utah's exports to Kiribati totaled $2.3 million in 2021.
- Computer equipment is Utah's top export category to Kiribati.
- Trade with Kiribati accounts for less than 0.1% of Utah's total exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total monetary value of goods and services exported from the U.S. state of Utah to the country of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship and trade flows between Utah and Kiribati, which is useful for economists and policymakers analyzing state-level export dynamics.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and other export sources.
Q: How is this trend used in economic policy?
A: Economists and government agencies use this metric to identify opportunities for expanding Utah's exports and strengthening trade ties with Kiribati.
Q: Are there update delays or limitations?
A: This data is published with a lag of several months, and may not capture the most recent changes in export patterns.
Related Trends
Number of Identified Exporters to Kiribati from Utah
UTKIRA475SCEN
Bank's Net Interest Margin for Kiribati
DDEI01KIA156NWDB
Bank's Return on Assets for Kiribati
DDEI05KIA156NWDB
Number of Identified Exporters to Kiribati from Wyoming
WYKIRA475SCEN
Number of Identified Exporters to Kiribati from Maine
MEKIRA475SCEN
Fertility Rate, Total for Kiribati
SPDYNTFRTINKIR
Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Utah (UTKIRA052SCEN), retrieved from FRED.