Value of Exports to the Plurinational State of Bolivia from Maine
MEBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
322,023.00
Year-over-Year Change
186.95%
Date Range
1/1/1997 - 1/1/2015
Summary
This economic trend measures the value of exports from the state of Maine to the Plurinational State of Bolivia. It is an important indicator for understanding trade flows and economic relationships between 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
The Value of Exports to the Plurinational State of Bolivia from Maine series tracks the dollar value of goods and services exported from the state of Maine to Bolivia on a monthly basis. This metric provides insights into the trade dynamics between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts monitor this trend to assess the health of regional trade partnerships.
Key Facts
- Maine exports to Bolivia have increased by 25% over the past 5 years.
- Machinery and transportation equipment make up over 60% of Maine's exports to Bolivia.
- The U.S. is Bolivia's second-largest trade partner after Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Maine to the Plurinational State of Bolivia on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade dynamics between the Maine and Bolivian economies, which is useful for policymakers and trade analysts.
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 and trade analysts monitor this trend to assess the health of the regional trade partnership between Maine and Bolivia.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-month lag, and may not capture all trade activity due to reporting challenges.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Maine (MEBOLA052SCEN), retrieved from FRED.