Number of Identified Exporters to India from Maine
MEINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.00
Year-over-Year Change
46.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Maine' trend measures the count of businesses located in Maine that export goods or services to India. This data provides insights into trade dynamics and economic ties between Maine and the Indian market.
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 number of exporters from the U.S. state of Maine that have been identified as shipping goods or services to India. It serves as a proxy for the level of trade and commercial activity between Maine and the Indian economy.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the export competitiveness of Maine businesses and monitor evolving commercial relationships.
Key Facts
- Maine exported over $130 million in goods to India in 2021.
- The number of Maine exporters to India has grown by 25% since 2015.
- India is Maine's 6th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Maine that have been identified as exporting goods or services to India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Maine and the Indian economy, allowing policymakers and analysts to assess export competitiveness and evolving commercial ties.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the export performance of Maine businesses and the state's commercial engagement with the Indian market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the exporter count may not capture all businesses trading with India due to reporting limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Maine (MEINDA475SCEN), retrieved from FRED.