Number of Identified Exporters to Guinea from Maine
MEGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The Number of Identified Exporters to Guinea from Maine measures the count of businesses located in Maine that export goods to Guinea. This metric provides insight into the trade relationship between Maine and the West African nation.
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 data series tracks the number of distinct Maine-based companies that have exported merchandise to Guinea in a given year. It offers a view into the commercial activity and economic ties between the state and the destination country.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the health of Maine's export economy and its integration with global markets.
Key Facts
- Maine exported over $5 million in goods to Guinea in the latest year.
- The number of Maine exporters to Guinea has grown by 25% over the past decade.
- Guinea is Maine's 53rd largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of distinct businesses located in Maine that have exported goods to Guinea in a given year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Maine and Guinea, offering policymakers and analysts a view into the state's export economy and global market integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of Maine's export economy and its integration with global markets.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures exporting activity and not the full extent of Maine's economic relationship with Guinea.
Related Trends
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Guinea
GINFCBODCKNUM
Consumer Price Index for Guinea
DDOE01GNA086NWDB
Official External Debt: Debtor Based for Guinea
GINDGGDPPT
Number of Identified Exporters to Guinea from Illinois
ILGINA475SCEN
Consumer Prices: All Items for Guinea
GINPCPIPCPPPT
Life Expectancy at Birth, Total for Guinea
SPDYNLE00INGIN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Maine (MEGINA475SCEN), retrieved from FRED.