U.S. Exports of Goods by F.A.S. Basis to Australia
EXP6021 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,075.19
Year-over-Year Change
-2.32%
Date Range
1/1/1985 - 6/1/2025
Summary
The 'U.S. Exports of Goods by F.A.S. Basis to Australia' measures the total value of U.S. goods exported to Australia, providing insight into bilateral 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 data series tracks the free alongside ship (F.A.S.) value of U.S. merchandise exports to Australia. F.A.S. valuation includes the transaction value of the goods and the value of services performed to deliver goods to the U.S. border. Analyzing this metric helps economists and policymakers understand the state of U.S.-Australia trade and commercial ties.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Trends in U.S. exports to Australia are monitored by trade officials, market analysts, and international organizations to assess economic conditions and the impacts of trade policies.
Key Facts
- Australia is the 18th largest goods export market for the United States.
- U.S. exports to Australia totaled $29.3 billion in 2021.
- Machinery, vehicles, and aircraft are major U.S. export categories to Australia.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the free alongside ship (F.A.S.) value of U.S. merchandise exports to Australia, providing insight into bilateral trade flows.
Q: Why is this trend relevant for users or analysts?
A: Analyzing U.S. export values to Australia helps economists and policymakers understand the state of commercial ties between the two countries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in U.S. exports to Australia are monitored by trade officials, market analysts, and international organizations to assess economic conditions and the impacts of trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, U.S. Exports of Goods by F.A.S. Basis to Australia (EXP6021), retrieved from FRED.