US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPCRTD01PTA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63,259,580,000.00
Year-over-Year Change
153.53%
Date Range
1/1/1996 - 1/1/2013
Summary
This economic trend measures the total U.S. dollar value of goods and services exported from the United States over the course of a year. It is a key indicator of the health and trade balance of the U.S. 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 annual total value of U.S. exports, without adjusting for seasonal variations. It provides insights into the overall trade dynamics and competitiveness of American products and services in global markets.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade transactions.
Historical Context
This export value trend is closely monitored by policymakers, economists, and market analysts to assess the U.S. trade position and inform economic policy decisions.
Key Facts
- The U.S. exported over $2.5 trillion in goods and services in 2022.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total U.S. dollar value of goods and services exported from the United States over the course of a year.
Q: Why is this trend relevant for users or analysts?
A: This export value trend provides key insights into the health and trade balance of the U.S. economy, which is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: This export value trend is used by policymakers and economists to assess the U.S. trade position and inform economic policy decisions related to international trade and competitiveness.
Q: Are there update delays or limitations?
A: The data is released annually with a lag of several months, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Bureau of Economic Analysis, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPCRTD01PTA637S), retrieved from FRED.