Value of Exports to France from Utah
UTFRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164,974,891.00
Year-over-Year Change
51.31%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to France from Utah' series measures the total dollar value of merchandise exports from the state of Utah to France. This metric is closely watched by economists and trade analysts to gauge Utah's economic engagement with the French market.
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 total value of physical goods and commodities shipped from Utah-based producers and suppliers to buyers in France. The data can provide insights into the trade balance between Utah and France, as well as the competitiveness of Utah exports in the global marketplace.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declaration forms filed by exporters.
Historical Context
Trends in this series are monitored by policymakers, trade organizations, and companies to understand Utah's export activity and position within international trade flows.
Key Facts
- Utah exported over $280 million in goods to France in 2021.
- France is Utah's 7th largest export destination globally.
- Computer and electronic products make up over 40% of Utah's exports to France.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of merchandise exports from the state of Utah to France. It tracks the flow of physical goods and commodities from Utah-based producers and suppliers to buyers in the French market.
Q: Why is this trend relevant for users or analysts?
A: Trends in the value of Utah's exports to France are closely watched by economists, trade analysts, and policymakers to gauge the state's economic engagement and competitiveness in the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declaration forms filed by exporters.
Q: How is this trend used in economic policy?
A: Policymakers, trade organizations, and companies monitor this series to understand Utah's export activity and position within international trade flows, which can inform decisions around trade agreements, export promotion programs, and economic development strategies.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of several weeks, so there may be a delay in reflecting the most recent trade activity between Utah and France.
Related Trends
All Employees: State Government Educational Services in Utah
SMU49000009092161101A
Electric Power Carbon Dioxide Emissions, Natural Gas for Utah
EMISSCO2TOTVECNGUTA
Chain-Type Quantity Index for Real GDP: Private Industries in Utah
UTPIQGSP
Electric Power Carbon Dioxide Emissions, Petroleum for Utah
EMISSCO2TOTVECPEUTA
Average Weekly Earnings of Production Employees: Manufacturing in Utah
SMU49000003000000030
Real Gross Domestic Product: Petroleum and Coal Products Manufacturing (324) in Utah
UTPETCOALMANRGSP
Citation
U.S. Federal Reserve, Value of Exports to France from Utah (UTFRAA052SCEN), retrieved from FRED.