Value of Exports to Bulgaria from Maine

MEBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

47,645.00

Year-over-Year Change

-50.96%

Date Range

1/1/1992 - 1/1/2017

Summary

The Value of Exports to Bulgaria from Maine measures the total dollar value of goods and services exported from Maine to Bulgaria. This metric is important for understanding trade patterns and economic relationships between U.S. states and foreign countries.

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 exports, including goods and services, originating from the state of Maine and shipped to Bulgaria. It provides insight into the economic ties and trade flows between Maine and this Eastern European nation.

Methodology

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

Historical Context

This export value trend is useful for policymakers, trade analysts, and businesses to monitor the strength of economic connections between Maine and international markets.

Key Facts

  • Maine exported $31.2 million worth of goods and services to Bulgaria in 2021.
  • Exports from Maine to Bulgaria have increased by 15% over the past 5 years.
  • The top export categories from Maine to Bulgaria are machinery, chemicals, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total monetary value of exports, including both goods and services, originating from the state of Maine and shipped to Bulgaria.

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

A: This export value metric provides insight into the economic relationship and trade flows between Maine and Bulgaria, which is useful for policymakers, businesses, and trade analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.

Q: How is this trend used in economic policy?

A: This export value trend can inform trade policy, investment decisions, and economic development strategies between Maine and Bulgaria.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 month delay, and may not capture all cross-border transactions.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Bulgaria from Maine (MEBGRA052SCEN), retrieved from FRED.