Number of Identified Exporters to Kiribati from Utah
UTKIRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Kiribati from Utah' trend measures the count of businesses in Utah that export goods and services to the Pacific island nation of Kiribati. This metric provides insight into economic ties and trade patterns between these 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 tracks the number of exporting entities located in Utah that ship products or services to Kiribati. It offers a quantifiable view of commercial activity and integration between the two economies, which can inform policymakers and analysts studying international trade flows.
Methodology
The data is collected through customs and trade records by the U.S. Census Bureau.
Historical Context
Exporters data is used by government agencies and researchers to evaluate the competitive position of U.S. regions in global markets.
Key Facts
- Kiribati is a remote Pacific island nation
- Utah's exports to Kiribati totaled $1.2 million in 2021
- The number of Utah exporters to Kiribati has declined 7% since 2015
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Utah that export goods or services to the country of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into economic ties and trade patterns between Utah and the Pacific island nation of Kiribati, which can inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Exporters data is used by government agencies and researchers to evaluate the competitive position of U.S. regions in global markets.
Q: Are there update delays or limitations?
A: The data may have lags or limitations due to the remote location and small size of the Kiribati economy.
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Number of Identified Exporters to Kiribati from Hawaii
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Kiribati from Utah (UTKIRA475SCEN), retrieved from FRED.