Value of Exports to Argentina from Maine
MEARGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,673,241.00
Year-over-Year Change
34.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Argentina from Maine' trend tracks the dollar value of goods exported from the U.S. state of Maine to Argentina. This metric is useful for economists and policymakers to monitor trade flows and economic activity.
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 total value of merchandise exports from the state of Maine to Argentina. It is an important indicator of the commercial relationship and economic interdependence between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to assess the impact of trade agreements, tariffs, and other policies on regional export activity.
Key Facts
- Maine exports to Argentina totaled $20.4 million in 2021.
- Exports from Maine to Argentina have grown by 15% over the past 5 years.
- Argentina is Maine's 41st largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from the U.S. state of Maine to Argentina.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for analyzing trade flows, economic interdependence, and the impact of trade policies between Maine and Argentina.
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: Policymakers and trade analysts use this metric to assess the impact of trade agreements, tariffs, and other policies on regional export activity.
Q: Are there update delays or limitations?
A: The data is released monthly with a 2-3 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Argentina from Maine (MEARGA052SCEN), retrieved from FRED.