Value of Exports to Bangladesh from Maine
MEBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
472,346.00
Year-over-Year Change
515.93%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Maine' metric tracks the dollar value of goods shipped from the U.S. state of Maine to Bangladesh. This measure 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 represents the monetary value of merchandise exported from Maine to Bangladesh. It is a useful indicator for understanding the commercial relationship and trade flows between the state and the South Asian country. Economists and policymakers analyze this data to assess the health of Maine's export economy and identify trends in its international trade patterns.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs documents filed for shipments leaving Maine and destined for Bangladesh.
Historical Context
Trends in Maine's exports to Bangladesh can inform economic policy decisions and influence trade negotiations between the U.S. and Bangladesh.
Key Facts
- Maine exported over $36 million in goods to Bangladesh in 2021.
- Exports from Maine to Bangladesh have grown by 25% since 2015.
- The top exported products from Maine to Bangladesh are aircraft parts and fish.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of merchandise exported from the U.S. state of Maine to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and economic ties between Maine and Bangladesh, which is useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs documents filed for shipments leaving Maine and destined for Bangladesh.
Q: How is this trend used in economic policy?
A: Trends in Maine's exports to Bangladesh can inform trade policy decisions and negotiations between the U.S. and Bangladesh.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, with the most recent figures available approximately 3-6 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Maine (MEBGDA052SCEN), retrieved from FRED.