Share of Merchandise Exports at Current Purchasing Power Parities for China
CSHXCPCNA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
-2.19%
Date Range
1/1/1952 - 1/1/2019
Summary
This economic trend measures China's share of global merchandise exports adjusted for purchasing power differences across countries. It provides insights into China's international trade competitiveness and role in the global 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 share of merchandise exports at current purchasing power parities (PPPs) for China represents the country's portion of total global merchandise exports, with the values adjusted to account for differences in purchasing power across economies. This metric offers a more accurate perspective on China's trade position compared to unadjusted export shares.
Methodology
The data is calculated by the World Bank using exchange rates and price levels to convert countries' merchandise exports to a common currency unit.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess China's trade dynamics and competitive position in the global market.
Key Facts
- China's share of global merchandise exports was 12.8% in 2020.
- The metric has increased from 3.8% in 2000 to 12.8% in 2020.
- China surpassed the U.S. as the world's largest exporter in 2009.
FAQs
Q: What does this economic trend measure?
A: This trend measures China's share of total global merchandise exports, with the values adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate assessment of China's trade competitiveness and role in the global economy compared to unadjusted export shares.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using exchange rates and price levels to convert countries' merchandise exports to a common currency unit.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and investors to assess China's trade dynamics and competitive position in the global market.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for China (CSHXCPCNA156NRUG), retrieved from FRED.