U.S. Exports of Goods by F.A.S. Basis to Pacific Rim
EXP0014 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,857.19
Year-over-Year Change
-8.79%
Date Range
1/1/1992 - 6/1/2025
Summary
The 'U.S. Exports of Goods by F.A.S. Basis to Pacific Rim' trend measures the value of U.S. goods exported to the Pacific Rim region on a free alongside ship (F.A.S.) basis. This metric is an important indicator of U.S. trade flows and economic activity.
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
This series tracks the total export value of goods shipped from the United States to countries in the Pacific Rim region, including East Asia, Southeast Asia, and Oceania. The F.A.S. basis means the value includes the cost of goods and the cost of loading the merchandise onto the carrier at the U.S. port of exportation, but excludes the cost of freight, insurance, and unloading at the foreign port.
Methodology
The data is collected by the U.S. Census Bureau through its international trade reporting system.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to gauge the strength of U.S. trade relationships and economic conditions in the Pacific region.
Key Facts
- The Pacific Rim region accounts for over 60% of total U.S. goods exports.
- U.S. exports to the Pacific Rim have grown by over 50% in the past decade.
- China is the largest destination for U.S. exports in the Pacific Rim.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods exported from the United States to countries in the Pacific Rim region on a free alongside ship (F.A.S.) basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of U.S. trade relationships and economic conditions in the Pacific region, which is a critical market for American exporters.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its international trade reporting system.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this trend to assess the strength of U.S. trade flows and the health of the American economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately 2 months.
Related Trends
Import Price Index by Origin (NAICS): Commercial and Service Industry Machinery Manufacturing for Pacific Rim
COPRIMZ3333
Import Price Index by Origin (NAICS): Miscellaneous Manufacturing for Pacific Rim
COPRIMZ339
Import Price Index by Origin (NAICS): Seafood Product Preparation and Packaging for Pacific Rim
COPRIMZ3117
Import Price Index by Origin (NAICS): Manufacturing, Part 3 for Pacific Rim
COPRIMZ33
Import Price Index by Origin (NAICS): Manufacturing, Part 2 for Pacific Rim
COPRIMZ32
Import Price Index by Origin (NAICS): Fabricated Metal Product Manufacturing for Pacific Rim
COPRIMZ332
Citation
U.S. Federal Reserve, U.S. Exports of Goods by F.A.S. Basis to Pacific Rim (EXP0014), retrieved from FRED.