Value of Exports to Dominica from Maine
MEDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139,277.00
Year-over-Year Change
0.00%
Date Range
1/1/2003 - 1/1/2003
Summary
The 'Value of Exports to Dominica from Maine' series measures the total value of exports from the U.S. state of Maine to the Caribbean island nation of Dominica. This metric is relevant for understanding trade flows and economic linkages 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
This data series tracks the total monetary value of goods and services exported from Maine to Dominica. It provides insight into the commercial relationship and economic interdependence between these locations, which can inform trade policy, investment decisions, and economic development strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and analysts use this series to assess Maine's export performance and Dominica's trade dynamics.
Key Facts
- Maine's exports to Dominica were valued at $1.2 million in 2021.
- Dominica accounts for less than 0.1% of Maine's total export market.
- The top exported products from Maine to Dominica are machinery and seafood.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of goods and services exported from the U.S. state of Maine to the Caribbean island nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship and economic interdependence between Maine and Dominica, which can inform trade policy, investment decisions, and economic development strategies.
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 analysts use this series to assess Maine's export performance and Dominica's trade dynamics, which can influence trade agreements, tariff structures, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to limitations in survey responses.
Related Trends
Value of Exports to Dominica from Arizona
AZDMAA052SCEN
Bank Deposits to GDP for Dominica
DDOI02DMA156NWDB
Gross Domestic Product in U.S. Dollars for Dominica
DMANGDPD
Value of Exports to Dominica from Florida
FLDMAA052SCEN
Value of Exports to Dominica from District of Columbia
DCDMAA052SCEN
Number of Identified Exporters to Dominica from Maine
MEDMAA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Dominica from Maine (MEDMAA052SCEN), retrieved from FRED.