Number of Identified Exporters to United Arab Emirates from Maine
MEAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to the United Arab Emirates from the U.S. state of Maine. It provides insights into the commercial ties and trade flows between Maine and the UAE.
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 Number of Identified Exporters to United Arab Emirates from Maine trend tracks the count of unique businesses located in Maine that export goods or services to the UAE. This data is used by economists and policymakers to analyze patterns in international trade and economic partnerships.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business reporting.
Historical Context
This trend is relevant for understanding Maine's export market diversification and economic integration with the Gulf region.
Key Facts
- Maine had 25 identified exporters to the UAE in 2021.
- Exports to the UAE account for 1.2% of Maine's total exports.
- The number of Maine exporters to the UAE has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Maine that export goods or services to the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Maine's trade relationships and export diversification, which is important for understanding regional economic development and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze patterns in Maine's international trade, identify export opportunities, and assess the state's economic competitiveness.
Q: Are there update delays or limitations?
A: There is typically a 6-month delay in the reporting of this data, and the count may not capture all exporters due to limitations in the underlying business reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from Maine (MEAREA475SCEN), retrieved from FRED.