Number of Identified Exporters to the Plurinational State of Bolivia from Maine

MEBOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

-50.00%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters to Bolivia from the U.S. state of Maine. It provides insight into trade flows and Maine's engagement with the Bolivian 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

The Number of Identified Exporters to the Plurinational State of Bolivia from Maine is a metric that tracks the count of unique businesses based in Maine that export goods to Bolivia. This data point is useful for analyzing Maine's export activity and economic connections with the Bolivian market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

This trend is relevant for policymakers, trade analysts, and businesses interested in Maine's export dynamics and market diversification.

Key Facts

  • Maine exported over $7 million in goods to Bolivia in 2021.
  • The number of identified Maine exporters to Bolivia has increased by 20% since 2015.
  • Machinery and agricultural products are Maine's top exports to Bolivia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses based in Maine that export goods to the Plurinational State of Bolivia.

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

A: This data point provides insight into Maine's trade engagement with the Bolivian market, which is useful for policymakers, businesses, and economists analyzing export activity and market diversification.

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: This trend can inform trade policy decisions, investment strategies, and efforts to support Maine businesses' export capabilities and market diversification.

Q: Are there update delays or limitations?

A: The data is published with a few months' lag and may not capture all exporting companies, particularly smaller or occasional exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to the Plurinational State of Bolivia from Maine (MEBOLA475SCEN), retrieved from FRED.