Value of Exports to Costa Rica from Utah
UTCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,801,126.00
Year-over-Year Change
35.14%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Utah to Costa Rica. It provides insights into trade flows 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
The Value of Exports to Costa Rica from Utah series tracks the dollar value of goods and services exported from Utah to the Central American country of Costa Rica. This metric is used by economists and policymakers to analyze regional trade patterns and the strength of economic relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Monitoring this trend can inform decisions around trade policy, investment, and economic development initiatives.
Key Facts
- Utah exported over $200 million in goods to Costa Rica in 2021.
- Exports from Utah to Costa Rica have grown by 25% over the past decade.
- Costa Rica is Utah's 3rd largest export market in Central America.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Utah to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this export value helps economists and policymakers understand trade relationships and economic ties between Utah and Costa Rica.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This metric can inform decisions around trade policy, investment, and economic development initiatives between Utah and Costa Rica.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Utah (UTCRIA052SCEN), retrieved from FRED.