Value of Exports to France from Maine
MEFRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,984,837.00
Year-over-Year Change
-59.49%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to France from Maine' measures the total value of goods and services exported from the U.S. state of Maine to France. This economic indicator is important for understanding Maine's trade relationship with one of its key European trading partners.
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 series tracks the dollar value of all merchandise and services shipped from Maine to France. It provides insight into the scale and direction of Maine's international trade flows, which are crucial for assessing the state's economic performance and integration with global markets.
Methodology
The data is collected and published by the U.S. Census Bureau through its international trade reporting system.
Historical Context
Policymakers and business analysts monitor this trend to gauge Maine's export competitiveness and the potential impact of trade policies on the state's economy.
Key Facts
- Maine's exports to France totaled $167 million in 2021.
- France is Maine's 7th largest export destination.
- Top Maine exports to France include agricultural products and machinery.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to France from Maine' measures the total dollar value of goods and services exported from the U.S. state of Maine to France.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Maine's trade relationship with a key European partner, which is important for understanding the state's economic performance and global integration.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its international trade reporting system.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge Maine's export competitiveness and the potential impact of trade policies on the state's economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not fully capture all cross-border trade flows.
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Citation
U.S. Federal Reserve, Value of Exports to France from Maine (MEFRAA052SCEN), retrieved from FRED.