Value of Exports to Papua New Guinea from Utah
UTPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342,972.00
Year-over-Year Change
502.41%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Papua New Guinea from Utah' series measures the total value of goods and services exported from the U.S. state of Utah to the country of Papua New Guinea. This data point is important for economists and policymakers to understand trade dynamics and economic relationships between 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 represents the monetary value of all products and services sent from Utah businesses and individuals to consumers and businesses in Papua New Guinea. It is a key indicator of the commercial and economic ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export data is used by government agencies, industry groups, and market analysts to monitor trade flows and make informed decisions.
Key Facts
- Utah exported $25.7 million worth of goods to Papua New Guinea in 2021.
- Exports to Papua New Guinea account for less than 1% of Utah's total international trade.
- The top export categories from Utah to Papua New Guinea are machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Utah to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding trade dynamics and economic relationships between Utah and Papua New Guinea, which can inform business strategies, government policies, and market analysis.
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 export data is used by government agencies, industry groups, and market analysts to monitor trade flows and make informed decisions about economic policy, trade agreements, and market opportunities.
Q: Are there update delays or limitations?
A: The data is subject to typical delays in government data collection and publication, with a lag of several months between the reference period and public release.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for Non-financial Corporations Sector, Residence of Issuer in Papua New Guinea
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Value of Exports to Papua New Guinea from Pennsylvania
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Number of Identified Exporters to Papua New Guinea from Hawaii
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Use of Financial Services Deposit Accounts: Accounts at Credit Unions and Financial Cooperatives for Papua New Guinea
PNGFCAODUNUM
Use of Financial Services: Number of Loan Accounts at Credit Unions and Financial Cooperatives for Papua New Guinea
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Consumer Price Index for Papua New Guinea
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Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Utah (UTPNGA052SCEN), retrieved from FRED.