Value of Exports to Czech Republic from Utah
UTCZEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,644,967.00
Year-over-Year Change
124.46%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Czech Republic from Utah' measures the dollar value of goods and services exported from the U.S. state of Utah to the Czech Republic. This metric provides insight into economic ties and trade patterns 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 tracks the total value of merchandise and services exported from Utah businesses and producers to the Czech Republic market. The data is a key indicator of Utah's engagement in international trade and can inform state-level economic policies and business strategies.
Methodology
The data is collected and reported by the U.S. Census Bureau based on surveys of U.S. exporters.
Historical Context
Policymakers and industry analysts use this metric to assess Utah's export competitiveness and the state's broader economic relationships with global trading partners.
Key Facts
- Utah exported over $23 million in goods and services to the Czech Republic in 2021.
- Computer and electronic products make up the largest category of Utah's exports to the Czech Republic.
- The value of Utah's exports to the Czech Republic has grown by over 60% since 2016.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of merchandise and services exported from the U.S. state of Utah to the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: The data provides insight into Utah's trade relationships and economic engagement with the Czech market, which can inform state-level policies and business strategies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and reports this data based on surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess Utah's export competitiveness and the state's broader economic relationships with global trading partners.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few months after the end of each reporting period.
Related Trends
Net migration for the Czech Republic
SMPOPNETMCZE
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Czechia
LRHUADFECZA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Czechia
CZECP010000CTGYM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Czechia
LFWA74TTCZQ647S
Gross Portfolio Debt Liabilities to GDP for Czech Republic
DDDM10CZA156NWDB
Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for Czech Republic
QCZPBM770A
Citation
U.S. Federal Reserve, Value of Exports to Czech Republic from Utah (UTCZEA052SCEN), retrieved from FRED.