Number of Identified Exporters to Bangladesh from Maine
MEBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
66.67%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bangladesh from Maine' is an economic indicator that measures the count of businesses located in Maine that export goods to Bangladesh. This metric provides insight into trade activity and commercial relationships between the state of Maine and the Bangladeshi market.
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 tracks the number of Maine-based companies that have been identified as exporting products or services to Bangladesh. It serves as a proxy for the level of economic engagement and commercial ties between the state and the South Asian country.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This indicator is used by policymakers, trade organizations, and businesses to monitor trends in Maine's export activity and market diversification.
Key Facts
- Maine exported over $60 million in goods to Bangladesh in 2021.
- The number of identified Maine exporters to Bangladesh has grown by 25% since 2015.
- Top export categories from Maine to Bangladesh include agricultural products and machinery.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in Maine that have been identified as exporting goods or services to Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationships and trade flows between the state of Maine and the Bangladeshi market, which is useful for policymakers, trade organizations, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this indicator to monitor trends in Maine's export activity and guide decisions related to market diversification and trade promotion initiatives.
Q: Are there update delays or limitations?
A: There may be some time lag in the data due to the survey-based collection process, and the metric may not capture all exporting activity, particularly by smaller or informal businesses.
Related Trends
Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Other Deposit Takers for Bangladesh
BGDFCNODDSNUM
Use of Financial Services Deposit Accounts: Small and Medium Enterprise Accounts at Other Deposit Takers for Bangladesh
BGDFCAODDSNUM
Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Bangladesh
BGDFCIOFMNUM
Inflation, consumer prices for Bangladesh
FPCPITOTLZGBGD
Value of Exports to Bangladesh from District of Columbia
DCBGDA052SCEN
Use of Financial Services Borrowers: Persons Borrowing from Other Other Financial Intermediaries for Bangladesh
BGDFCRFOPENUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Maine (MEBGDA475SCEN), retrieved from FRED.