Value of Exports to Brazil from Maine
MEBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,843,401.00
Year-over-Year Change
62.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Brazil from Maine' trend measures the total value of goods exported from the U.S. state of Maine to Brazil. This provides insight into Maine's trade relationship with Brazil, an important economic partner.
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 metric tracks the dollar value of all merchandise exported from Maine to Brazil, including agricultural products, machinery, and other goods. It is used by economists and policymakers to monitor trade flows and identify changes in Maine's export activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
This trend is relevant for understanding Maine's position in international trade and can inform economic development and trade policy decisions.
Key Facts
- Maine exported over $100 million worth of goods to Brazil in 2021.
- Brazil is Maine's 6th largest export destination.
- Aerospace products and parts are a major export category from Maine to Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods exported from the U.S. state of Maine to Brazil, providing insight into Maine's trade relationship with this important economic partner.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Maine's position in international trade and can inform economic development and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor trade flows and identify changes in Maine's export activity, which can inform trade and economic development strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from Maine (MEBRAA052SCEN), retrieved from FRED.