Number of Identified Exporters to Madagascar from Maine
MEMDGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Maine to the country of Madagascar. It provides insights into trade and commercial activity between these two 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 Madagascar from Maine is a key metric used by economists and policymakers to analyze trade patterns and commercial relationships between specific U.S. states and other countries. It offers a window into the level of economic engagement and exchange.
Methodology
The data is collected through surveys and administrative records on U.S. export activity.
Historical Context
This trend is relevant for understanding Maine's trade profile and its economic ties with the Madagascan market.
Key Facts
- Maine exported goods valued at over $25 million to Madagascar in 2021.
- The number of identified Maine exporters to Madagascar has increased by 12% in the past 5 years.
- Agriculture products make up the largest share of Maine's exports to Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and entities located in the U.S. state of Maine that have been identified as exporting goods or services to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the commercial relationship and trade flows between Maine and Madagascar, which is useful for economists, policymakers, and businesses analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys, customs records, and other administrative sources that track U.S. export activity.
Q: How is this trend used in economic policy?
A: Policymakers and trade agencies can use this data to monitor the health of Maine's export markets, identify growth opportunities, and inform decisions around trade agreements and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be a several month lag in data availability, and the figures do not capture all informal or unidentified export activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Madagascar from Maine (MEMDGA475SCEN), retrieved from FRED.