International Trade: Net Trade: Value (Goods): Total for Brazil
BRAXTNTVA01STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.43
Year-over-Year Change
-6.72%
Date Range
1/1/1996 - 7/1/2023
Summary
This economic indicator measures Brazil's net trade in goods, representing the difference between its total exports and imports. It is a key metric for analyzing Brazil's international trade balance and competitiveness.
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
Net trade in goods is a fundamental measure of a country's trade position. It reflects the overall strength of a nation's exports relative to its imports, providing insight into its economic competitiveness and integration with global markets.
Methodology
The data is collected and reported by Brazil's central bank and national statistics agency.
Historical Context
Policymakers and analysts use this metric to assess Brazil's external economic performance and inform decisions around trade, exchange rate, and macroeconomic policies.
Key Facts
- Brazil is one of the world's largest economies and a major participant in global trade.
- Brazil's net trade balance can significantly impact its economic growth and exchange rate.
- Monitoring Brazil's net trade is crucial for understanding its current account and external position.
FAQs
Q: What does this economic trend measure?
A: This indicator measures Brazil's net trade in goods, which is the difference between its total exports and imports.
Q: Why is this trend relevant for users or analysts?
A: Brazil's net trade balance is a key metric for assessing the country's international competitiveness, economic performance, and position in the global trading system.
Q: How is this data collected or calculated?
A: The data is collected and reported by Brazil's central bank and national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions around trade, exchange rate, and macroeconomic policies in Brazil.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and revisions of Brazil's statistical agencies.
Related Trends
Number of Identified Exporters to Brazil from Missouri
MOBRAA475SCEN
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Brazil
NAEXKP02BRQ189S
Value of Exports to Brazil from District of Columbia
DCBRAA052SCEN
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Brazil
DDOI09BRA156NWDB
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Brazil
BRABVDEFT02STSAM
Share Prices: All Shares/Broad: Total for Brazil
SPASTT01BRA657N
Citation
U.S. Federal Reserve, International Trade: Net Trade: Value (Goods): Total for Brazil (BRAXTNTVA01STSAQ), retrieved from FRED.