Value of Exports to Russia from Maine
MERUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
384,547.00
Year-over-Year Change
-84.27%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Maine' economic trend measures the total value of goods and services exported from the state of Maine to Russia over time. This metric is important for economists and policymakers to understand trade relationships and regional economic impacts.
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 dollar value of exports originating from Maine that are destined for Russia. It provides insight into the trade flows and commercial ties between the state and the Russian market, which can have broader implications for Maine's economy and industries.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers use this metric to assess the exposure of Maine's economy to international trade dynamics and Russia-specific developments.
Key Facts
- Maine exported $78 million worth of goods to Russia in 2019.
- Exports to Russia account for approximately 2% of Maine's total international trade.
- The top Maine exports to Russia include agricultural products, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports originating from the state of Maine that are destined for Russia over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Maine and Russia, which can have implications for the state's economy and industries.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess Maine's economic exposure to international trade dynamics and Russia-specific developments.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and revisions by the Census Bureau.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Russia
RUSEXPORTQDSMEI
Number of Identified Exporters to Russia from Nevada
NVRUSA475SCEN
Number of Identified Exporters to Russia from Hawaii
HIRUSA475SCEN
Outstanding Domestic Public Debt Securities to GDP for Russian Federation
DDDM04RUA156NWDB
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Russia
RUSCP010000IXNBQ
Bank Regulatory Capital to Risk-Weighted Assets for Russian Federation
DDSI05RUA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Russia from Maine (MERUSA052SCEN), retrieved from FRED.