International Merchandise Trade Statistics: Exports: Commodities for G20
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
G20XTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,561,085,000,000.00
Year-over-Year Change
0.22%
Date Range
1/1/2006 - 1/1/2025
Summary
The U.S. dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted trend tracks the value of the U.S. dollar against a trade-weighted basket of major foreign currencies. This metric is important for evaluating the international competitiveness of U.S. goods and services.
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 economic indicator measures the trade-weighted exchange value of the U.S. dollar against a group of foreign currencies on a quarterly basis. It is a key indicator of the dollar's strength and can influence cross-border trade, investment flows, and inflation.
Methodology
The data is calculated by the U.S. Federal Reserve based on exchange rates against major trading partners.
Historical Context
This trend provides important context for policymakers, multinational firms, and financial analysts assessing the U.S. economy's global position.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- A stronger dollar makes U.S. exports more expensive globally.
- Exchange rate fluctuations can impact domestic inflation and interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the trade-weighted exchange value of the U.S. dollar against a basket of major foreign currencies on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar's exchange rate is a crucial indicator of the country's international competitiveness and can influence cross-border trade, investment flows, and domestic inflation.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rates against major trading partners.
Q: How is this trend used in economic policy?
A: Policymakers, multinational firms, and financial analysts use this trend to assess the U.S. economy's global position and make informed decisions about trade, investment, and monetary policy.
Q: Are there update delays or limitations?
A: This quarterly data series is published with a lag, and may not fully capture real-time exchange rate fluctuations.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (G20XTEXVA01CXMLQ), retrieved from FRED.