Value of Exports to New Zealand from Maine
MENZLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,646,819.00
Year-over-Year Change
626.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to New Zealand from Maine' series measures the total value of goods exported from the U.S. state of Maine to New Zealand. This data provides insights into trade flows and economic ties between the 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
This series represents the monetary value of physical merchandise exports from Maine to New Zealand. It is an important indicator of the trade relationship and economic linkages between the state and this Asia-Pacific trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Historical Context
Policymakers and market analysts use this metric to assess the strength of Maine's export economy and its integration with global trade networks.
Key Facts
- Maine exported $24.2 million worth of goods to New Zealand in 2021.
- The top Maine exports to New Zealand include machinery, agricultural products, and transportation equipment.
- New Zealand is Maine's 36th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical merchandise exports from the U.S. state of Maine to New Zealand.
Q: Why is this trend relevant for users or analysts?
A: The value of Maine's exports to New Zealand provides insights into the trade relationship and economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess the strength of Maine's export economy and its integration with global trade networks.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Value of Exports to New Zealand from Maine (MENZLA052SCEN), retrieved from FRED.