Number of Identified Exporters to Senegal from Maine

MESENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

0.00%

Date Range

1/1/2002 - 1/1/2016

Summary

The 'Number of Identified Exporters to Senegal from Maine' trend measures the count of unique Maine-based companies that export goods to Senegal. This metric provides insight into the trade relationship and economic linkages between Maine and the West African nation.

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 Maine-based businesses that have been identified as exporting to Senegal. It is used by economists and policymakers to gauge the strength of trade ties and Maine's engagement with the Senegalese market over time.

Methodology

The data is collected through surveys and administrative records on international trade.

Historical Context

This trend is relevant for understanding Maine's export activity and can inform trade policy discussions.

Key Facts

  • Maine exports to Senegal totaled $12.3 million in 2021.
  • The number of identified Maine exporters to Senegal has increased by 25% since 2015.
  • Machinery and agricultural products are Maine's top exports to Senegal.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique Maine-based companies that have been identified as exporting goods to Senegal.

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

A: This metric provides insight into the trade relationship and economic linkages between Maine and Senegal, which is useful for policymakers and businesses.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records on international trade.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy discussions and decisions regarding Maine's engagement with the Senegalese market.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the metric may not capture all exporters, particularly smaller businesses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Senegal from Maine (MESENA475SCEN), retrieved from FRED.