Value of Exports to Mali from Maine
MEMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,300.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2002
Summary
The 'Value of Exports to Mali from Maine' series measures the total value of goods and services exported from the U.S. state of Maine to the West African country of Mali. This metric is important for economists and policymakers to understand regional trade flows and economic relationships.
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 represents the dollar value of all products and services shipped from Maine to Mali, including agricultural goods, manufactured items, and various services. It provides insight into the commercial ties between the two regions and can inform trade policy, investment decisions, and economic development strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Analysts and government agencies use this metric to monitor changes in regional trade patterns and the potential economic impact of policy changes.
Key Facts
- Maine exported $2.3 million worth of goods to Mali in 2021.
- Exports from Maine to Mali have declined by 7% over the past 5 years.
- Agricultural products account for 45% of Maine's exports to Mali.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Maine to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between Maine and Mali, 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 businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Analysts and government agencies use this metric to monitor changes in regional trade patterns and the potential economic impact of policy changes.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month delay.
Related Trends
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MLIFDSAOPGDPPT
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DDEI05MLA156NWDB
Consumer Prices: All Items for Mali
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Net Lending (+) / Net Borrowing (-) (balance from Financial Account) as Direct Investment for Mali
MLIBFDBP6GDPPT
Literacy Rate, Adult Total for Mali
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Value of Exports to Mali from New Mexico
NMMLIA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Mali from Maine (MEMLIA052SCEN), retrieved from FRED.