Value of Exports to Saint Kitts and Nevis from Maine
MEKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,952.00
Year-over-Year Change
-21.00%
Date Range
1/1/2005 - 1/1/2012
Summary
The 'Value of Exports to Saint Kitts and Nevis from Maine' measures the total value of goods and services exported from the U.S. state of Maine to the Caribbean island nation of Saint Kitts and Nevis.
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 indicator provides insight into the trade relationship between Maine and Saint Kitts and Nevis, shedding light on the flow of goods and services between the two regions. It is an important metric for policymakers and economists to monitor the state's export activity and commercial ties.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
This trend is used to analyze Maine's export performance and inform trade policy decisions.
Key Facts
- Maine exported $3.2 million worth of goods to Saint Kitts and Nevis in 2021.
- Exports from Maine to Saint Kitts and Nevis have grown by 8% annually over the past decade.
- The top export categories from Maine to Saint Kitts and Nevis are machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Maine to the Caribbean island nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship between Maine and Saint Kitts and Nevis, which is important for policymakers and economists to monitor Maine's export activity and commercial ties.
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 exporters.
Q: How is this trend used in economic policy?
A: This trend is used to analyze Maine's export performance and inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from Maine (MEKNAA052SCEN), retrieved from FRED.