Number of Identified Exporters to Costa Rica from Maine
MECRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
23.53%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Maine to Costa Rica. It provides insights into trade patterns and commercial activity between these 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 Number of Identified Exporters to Costa Rica from Maine is a key indicator of the commercial relationship between these locations. It tracks the total number of Maine-based companies that have officially reported exporting goods or services to the Costa Rican market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and export declarations.
Historical Context
This trend is closely watched by economists, trade analysts, and policymakers to assess the strength of Maine-Costa Rica commercial ties.
Key Facts
- Maine is a major U.S. exporting state.
- Costa Rica is an important trade partner for the United States.
- Exporter counts can signal changes in market access and commercial opportunities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of exporters based in the U.S. state of Maine that have officially reported shipping goods or services to Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between Maine and Costa Rica, which is important for assessing trade flows, market access, and economic opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration forms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to monitor the strength of commercial ties between Maine and Costa Rica, which can inform trade agreements, market development initiatives, and economic cooperation strategies.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data due to the time required for businesses to submit their export declarations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Maine (MECRIA475SCEN), retrieved from FRED.