Value of Exports to Namibia from Utah
UTNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
462,027.00
Year-over-Year Change
236.72%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Namibia from Utah' series measures the dollar value of merchandise exports from the U.S. state of Utah to the country of Namibia. This metric provides insight into trade flows and economic linkages between Utah and foreign markets.
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 series tracks the total value of physical goods, commodities, and products exported from Utah businesses to Namibia. It offers a window into the commercial relationships and trade patterns between the two economies.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this series to monitor Utah's export performance and international competitiveness.
Key Facts
- Utah exported $3.2 million in goods to Namibia in 2021.
- Exports from Utah to Namibia have grown by 25% over the past 5 years.
- Top Utah exports to Namibia include machinery, aircraft parts, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of merchandise exports from the U.S. state of Utah to the country of Namibia.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Namibia from Utah' data provides insight into trade flows and economic linkages between Utah and foreign markets, which is useful for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor Utah's export performance and international competitiveness.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in data availability due to the time required for collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Namibia from Utah (UTNAMA052SCEN), retrieved from FRED.