Value of Exports to Greece from Maine
MEGRCA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,184,889.00
Year-over-Year Change
36.56%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Greece from Maine' trend measures the dollar value of goods and services exported from the U.S. state of Maine to Greece. This provides insight into trade dynamics between Maine and Greece.
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 economic series tracks the monetary value of all products and services shipped from Maine to Greece. It is an important indicator of the commercial relationship and trade flows between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maine-based exporters.
Historical Context
The trend is used by economists and policymakers to analyze the state of Maine's international trade and economic connections.
Key Facts
- Maine exported $45 million worth of goods to Greece in 2021.
- Exports to Greece account for 1.2% of Maine's total international trade.
- The top exported products from Maine to Greece are seafood, machinery, and chemicals.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Greece from Maine' trend measures the monetary value of all products and services exported from the U.S. state of Maine to Greece.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the commercial relationship and trade flows between Maine and Greece, which is important for understanding Maine's international economic connections and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maine-based exporters.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the state of Maine's international trade and inform decisions related to trade, economic development, and commercial relationships.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so the most recent quarter's information may not be available immediately.
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Citation
U.S. Federal Reserve, Value of Exports to Greece from Maine (MEGRCA052SCEN), retrieved from FRED.