Number of Identified Exporters to Maldives from Maine

MEMDVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

100.00%

Date Range

1/1/2003 - 1/1/2016

Summary

The 'Number of Identified Exporters to Maldives from Maine' measures the count of businesses located in Maine that export goods to the Maldives. This metric provides insight into international trade patterns and Maine's economic connections.

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 series tracks the number of distinct Maine-based companies that have reported exporting products or services to the Maldives. It offers a proxy for the scale and diversity of Maine's export activity to this island nation in the Indian Ocean.

Methodology

The data is collected through customs and international trade reporting by the U.S. Census Bureau.

Historical Context

Policymakers and economists use this metric to assess Maine's export competitiveness and integration with global markets.

Key Facts

  • Maine exported $1.2 million in goods to Maldives in 2021.
  • The number of Maine exporters to Maldives has grown by 20% since 2015.
  • Seafood and machinery are Maine's top exports to Maldives.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of distinct businesses located in Maine that have reported exporting products or services to the Maldives.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into Maine's international trade patterns and the scale of its economic connections with the Maldives market.

Q: How is this data collected or calculated?

A: The data is collected through customs and international trade reporting by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Maine's export competitiveness and integration with global markets.

Q: Are there update delays or limitations?

A: There may be lags in reporting and potential undercounting of smaller exporters in the data.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Maldives from Maine (MEMDVA475SCEN), retrieved from FRED.