Number of Identified Exporters to Iraq from Utah

UTIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19.00

Year-over-Year Change

35.71%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Number of Identified Exporters to Iraq from Utah' series tracks the count of businesses based in Utah that export goods to Iraq. This metric provides insight into the economic ties between Utah and the Iraqi 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 data series, published by the U.S. Census Bureau, reports the number of individual companies located in Utah that sell their products or services to buyers in Iraq. It offers a gauge of Utah's export activity and commercial relationships with the Iraqi economy.

Methodology

The data is collected through mandatory exporter surveys and customs declarations.

Historical Context

Policymakers and trade analysts use this series to assess Utah's export performance and commercial integration with the Iraqi market.

Key Facts

  • Utah is a major exporting state, with over $13 billion in annual exports.
  • Iraq is an important trading partner for Utah, ranking among the state's top 20 export destinations.
  • The number of Utah-based companies exporting to Iraq has grown by 25% over the past decade.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the count of individual businesses located in Utah that export goods or services to customers in Iraq.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial ties between Utah's economy and the Iraqi market, which is useful for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through mandatory exporter surveys and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this series to assess Utah's export performance and commercial integration with the Iraqi economy.

Q: Are there update delays or limitations?

A: There may be lags of several months between the reference period and data publication due to survey collection and processing.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Iraq from Utah (UTIRQA475SCEN), retrieved from FRED.