Value of Exports to Fiji from Maine
MEFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,135.00
Year-over-Year Change
-76.77%
Date Range
1/1/2015 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Maine to the country of Fiji. It is an important indicator of trade and commercial activity between these two regions.
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 Value of Exports to Fiji from Maine series tracks the total dollar value of goods and services exported from Maine to Fiji. This metric provides insight into the strength of the economic relationship and commercial ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
Economists and policymakers monitor this trend to assess the health of Maine's export sector and identify trade opportunities with Fiji.
Key Facts
- Maine exported $2.7 million worth of goods to Fiji in 2021.
- Exports to Fiji account for 0.4% of Maine's total international trade.
- Top exported products from Maine to Fiji include seafood, machinery, and paper.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Maine to the country of Fiji. It tracks the dollar amount of goods and services shipped from Maine to Fiji.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Maine and Fiji, allowing economists and policymakers to assess the health of Maine's export sector and identify opportunities for growth.
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 entities involved in exporting goods and services.
Q: How is this trend used in economic policy?
A: Economists and government agencies monitor this trend to understand Maine's export performance and inform trade policy decisions that could impact the state's economy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 2-3 month delay in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Maine (MEFJIA052SCEN), retrieved from FRED.