Number of Identified Exporters to Barbados from Maine
MEBRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
20.00%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the number of businesses located in Maine that export goods to Barbados. Understanding export patterns between regions is important for policymakers and economists analyzing trade flows.
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 Barbados from Maine data series tracks the count of unique commercial entities based in Maine that report exporting merchandise to the Caribbean island nation of Barbados. This provides insight into the scale and composition of trade between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
Trends in exporter counts are analyzed by trade experts to assess the health and competitiveness of regional export markets.
Key Facts
- Maine exported $6.7 million in goods to Barbados in 2021.
- The number of Maine exporters to Barbados peaked at 24 in 2016.
- Food products make up the largest share of Maine's exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Maine that reported exporting goods to the Caribbean island nation of Barbados.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporters provides insights into the scale and competitiveness of regional trade relationships, which is valuable information for policymakers, trade organizations, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: Trends in exporter counts are analyzed by trade experts to assess the health and competitiveness of regional export markets, which informs economic policies and trade negotiations.
Q: Are there update delays or limitations?
A: The data is published with a lag, so the most recent figures may not reflect the current economic conditions.
Related Trends
Bank's Overhead Costs to Total Assets for Barbados
DDEI04BBA156NWDB
Number of Identified Exporters to Barbados from Kansas
KSBRBA475SCEN
Value of Exports to Barbados from Kentucky
KYBRBA052SCEN
Bank Lending Deposit Spread for Barbados
DDEI02BBA156NWDB
Balance of Payments: Current account balance (credit less debit) for Barbados
BRBBCAGDPBP6
Fiscal Year Gross Domestic Product for Barbados
BRBNGDPFY
Citation
U.S. Federal Reserve, Number of Identified Exporters to Barbados from Maine (MEBRBA475SCEN), retrieved from FRED.