Value of Exports to Portugal from Utah

UTPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,971,143.00

Year-over-Year Change

5.35%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Portugal from Utah' metric tracks the total value of goods exported from the U.S. state of Utah to Portugal. This provides insight into trade activity and economic ties 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 measures the dollar value of physical goods exported from Utah to Portugal, including agricultural products, manufactured items, and other commodities. The data is useful for analyzing Utah's export performance and overall trade patterns with European markets.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Historical Context

Policymakers and trade analysts use this information to understand Utah's export dynamics and inform decisions around economic development and international commerce.

Key Facts

  • Utah's exports to Portugal totaled $X.XX million last year.
  • Portugal ranks Xth among Utah's top export destinations.
  • The value of Utah's exports to Portugal has grown by X% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total value of physical goods exported from the U.S. state of Utah to Portugal. It provides insight into Utah's trade activity and economic ties with the European market.

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

A: The data is useful for understanding Utah's export performance and broader trade patterns, which can inform economic development strategies and decisions around international commerce.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects the data through surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this information to assess Utah's export dynamics and make informed decisions around economic growth and international trade initiatives.

Q: Are there update delays or limitations?

A: The data is published with a delay of several months, and may not capture all trade activity due to limitations in data collection.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Portugal from Utah (UTPRTA052SCEN), retrieved from FRED.