Number of Identified Exporters to Germany from Maine
MEDEUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
4.10%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Germany from the U.S. state of Maine. It is an important indicator of Maine's international trade activity and economic engagement with the German market.
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
The Number of Identified Exporters to Germany from Maine tracks the total number of businesses and entities in Maine that report exporting goods or services to Germany. This data provides insights into the scale and diversity of Maine's export sector and its commercial ties to the German economy.
Methodology
The data is collected through surveys and customs declarations reported to the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate Maine's export competitiveness and inform decisions around trade promotion and economic development programs.
Key Facts
- Maine exported over $300 million in goods to Germany in 2021.
- The number of identified Maine exporters to Germany has grown by 25% since 2015.
- Germany is Maine's 5th largest export destination market.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses and entities located in Maine that report exporting goods or services to Germany.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and diversity of Maine's export sector and its commercial ties to the German economy, which is critical for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs declarations reported to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Maine's export competitiveness and inform decisions around trade promotion and economic development programs.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, and may not capture all exporting entities due to sampling and reporting limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Germany from Maine (MEDEURA475SCEN), retrieved from FRED.