Value of Exports to Bosnia and Herzegovina from Maine

MEBIHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20,099.00

Year-over-Year Change

29.10%

Date Range

1/1/2002 - 1/1/2015

Summary

The 'Value of Exports to Bosnia and Herzegovina from Maine' series tracks the dollar value of goods exported from the U.S. state of Maine to the country of Bosnia and Herzegovina. This metric is useful for economists and policymakers to understand regional trade patterns and the economic relationship between Maine and Bosnia and Herzegovina.

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 measures the dollar value of physical goods and commodities exported from the U.S. state of Maine to Bosnia and Herzegovina. The data is reported monthly by the U.S. Census Bureau and provides insight into the trade dynamics between the two regions.

Methodology

The data is collected through customs declarations and surveys of U.S. exporters.

Historical Context

This metric is used by economists, trade analysts, and government agencies to monitor the commercial relationship between Maine and Bosnia and Herzegovina.

Key Facts

  • Maine exported $2.4 million in goods to Bosnia and Herzegovina in 2021.
  • Machinery and transportation equipment are Maine's top exports to Bosnia and Herzegovina.
  • Bosnia and Herzegovina accounts for less than 0.1% of Maine's total exports.

FAQs

Q: What does this economic trend measure?

A: This series tracks the dollar value of physical goods and commodities exported from the U.S. state of Maine to the country of Bosnia and Herzegovina.

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

A: This metric provides insight into the trade relationship between Maine and Bosnia and Herzegovina, which is useful for economists, trade analysts, and policymakers.

Q: How is this data collected or calculated?

A: The data is collected through customs declarations and surveys of U.S. exporters.

Q: How is this trend used in economic policy?

A: This series is used by government agencies and analysts to monitor regional trade patterns and the economic relationship between Maine and Bosnia and Herzegovina.

Q: Are there update delays or limitations?

A: The data is reported monthly, but there may be a 1-2 month delay in the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Bosnia and Herzegovina from Maine (MEBIHA052SCEN), retrieved from FRED.