US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPBLTT01RUA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98,834,390,000.00
Year-over-Year Change
301.51%
Date Range
1/1/1994 - 1/1/2011
Summary
This economic trend measures the total US dollar value of goods and services exported from the United States on an annual basis. It is a key indicator of the health and competitiveness of the US export economy.
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 US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted series represents the total value of US exports, aggregated across all exported products and services on a yearly basis. This metric is widely used by economists and policymakers to analyze trade patterns, international competitiveness, and the overall performance of the US export sector.
Methodology
The data is collected and calculated by the US Bureau of Economic Analysis based on surveys of US exporters and customs records.
Historical Context
Trends in US export values are closely monitored by government, industry, and financial market participants to gauge the nation's economic strength and trade position.
Key Facts
- US exports totaled over $2.5 trillion in 2021.
- Exports account for approximately 12% of US GDP.
- China is the largest destination for US exports
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual value of goods and services exported from the United States. It captures the overall size and activity of the US export economy.
Q: Why is this trend relevant for users or analysts?
A: Trends in US export values provide important insights into the health and competitiveness of the US economy, trade relationships, and the nation's participation in global commerce.
Q: How is this data collected or calculated?
A: The data is collected by the US Bureau of Economic Analysis based on surveys of US exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor export trends to assess the international trade position of the US, guide trade negotiations, and inform decisions on economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of several months, so the most recent year's figures may not be immediately available.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPBLTT01RUA637S), retrieved from FRED.