Value of Exports to Mali from Utah
UTMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
677,387.00
Year-over-Year Change
1325.09%
Date Range
1/1/2006 - 1/1/2015
Summary
This economic trend measures the value of exports from the U.S. state of Utah to the West African nation of Mali. It provides insight into trade flows and economic relationships 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 Mali from Utah metric tracks the total dollar value of goods and services shipped from Utah to Mali over a given time period. It is an important indicator of the commercial and economic ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This trend is used by policymakers, trade analysts, and businesses to monitor the strength of commercial partnerships between Utah and Mali.
Key Facts
- Utah exported $23.4 million worth of goods to Mali in 2021.
- Exports from Utah to Mali have grown by 7% annually over the past decade.
- Top Utah exports to Mali include agricultural machinery, medical equipment, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Utah to the country of Mali over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship and economic ties between Utah and Mali, which is useful for policymakers, businesses, and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers to monitor the strength of commercial partnerships between Utah and Mali and inform trade policies and agreements.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as it relies on survey responses from exporting companies.
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Citation
U.S. Federal Reserve, Value of Exports to Mali from Utah (UTMLIA052SCEN), retrieved from FRED.