International Trade: Exports: Value (Goods): Total for the Euro Area (19 Countries)
Growth rate same period previous year, Monthly, Seasonally Adjusted
EA19XTEXVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.67
Year-over-Year Change
-56.65%
Date Range
1/1/1991 - 4/1/2023
Summary
This economic trend measures the year-over-year growth rate of exports from the Eurozone. It provides insights into the region's trade dynamics and global 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
The growth rate same period previous year metric tracks the change in Eurozone exports compared to the same month in the prior year. This helps economists and policymakers assess the Eurozone's trade performance and external demand for its goods and services.
Methodology
The data is collected through surveys of Eurozone businesses and national statistical agencies.
Historical Context
This trend is widely monitored by central banks, trade analysts, and investors to gauge Eurozone economic health and prospects.
Key Facts
- Eurozone exports account for over 15% of its GDP.
- Export growth has averaged 4.5% annually over the past decade.
- China is the Eurozone's largest export market outside the EU.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of exports from the Eurozone, providing insights into the region's trade dynamics and global competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely monitored by central banks, trade analysts, and investors to gauge Eurozone economic health and prospects.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Eurozone businesses and national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the Eurozone's trade performance and external demand for its goods and services, which informs decisions on trade policy, exchange rates, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, typically 2-3 weeks after the end of the reference period.
Related Trends
Harmonized Index of Consumer Prices: Services Related to Transport for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
SERVTREZCCM086NEST
Production of Nondurable Consumer Goods for Manufacturing for the Euro Area
PRMNCG03EZQ661S
Employment - by Professional Status: Employees: Total for the Euro Area (19 Countries)
LFESEETTEZQ647S
Harmonized Index of Consumer Prices: Seasonal Food for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
SEAS00EZCCM086NEST
Employment - by Economic Activity: Agriculture: All Persons for the Euro Area (19 Countries)
LFEAAGTTEZQ647S
Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Euro Area (19 Countries)
IRLTLT01EZM156N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (EA19XTEXVA01GYSAM), retrieved from FRED.