Value of Exports to Poland from Maine
MEPOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,224,278.00
Year-over-Year Change
263.06%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Poland from Maine' trend measures the total monetary value of goods and services exported from the U.S. state of Maine to Poland. This data is crucial for understanding Maine's trade relationship with one of its key European trading partners.
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 nominal value of exports originating in Maine and destined for Poland. Economists and policymakers use this data to analyze Maine's export performance, trade competitiveness, and integration with global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
This export value trend is used to inform trade policy, economic development initiatives, and business strategy in Maine and its trading relationships.
Key Facts
- Maine exported over $50 million worth of goods to Poland in 2020.
- Poland is Maine's 10th largest export destination globally.
- Top Maine exports to Poland include industrial machinery, wood products, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the U.S. state of Maine to Poland.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding Maine's trade relationship with one of its key European trading partners and informing economic policy and business strategy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: This export value trend is used to inform trade policy, economic development initiatives, and business strategy in Maine and its trading relationships.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Census Bureau, but may have a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Poland from Maine (MEPOLA052SCEN), retrieved from FRED.