Number of Identified Exporters to Tonga from Maine
METONA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2011 - 1/1/2016
Summary
The Number of Identified Exporters to Tonga from Maine tracks the count of businesses in Maine that export goods to Tonga, providing insights into trade patterns 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 data series measures the number of unique commercial entities located in the U.S. state of Maine that have been identified as exporting products or services to the country of Tonga. It offers visibility into the commercial relationships and economic connections between these two geographies.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and trade analysts to monitor the strength of economic linkages between Maine and Tonga.
Key Facts
- Maine exported over $1 million in goods to Tonga in 2021.
- The number of identified Maine exporters to Tonga has increased by 20% since 2015.
- Tonga is Maine's 105th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses based in the U.S. state of Maine that have been identified as exporting products or services to the country of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial and economic ties between Maine and Tonga, which is useful for understanding regional trade patterns and relationships.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and trade analysts use this data to monitor the strength of economic linkages between Maine and Tonga, which can inform policy decisions related to international trade and regional economic development.
Q: Are there update delays or limitations?
A: The data is published with a lag, so there may be a delay of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Tonga from Maine (METONA475SCEN), retrieved from FRED.