International Merchandise Trade Statistics: Imports: Commodities for G20
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
G20XTIMVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,598,623,000,000.00
Year-over-Year Change
2.08%
Date Range
1/1/2014 - 5/1/2025
Summary
This economic trend measures the monthly exchange rate for the U.S. dollar against a broad basket of foreign currencies, without seasonal adjustments. It is a key indicator of the dollar's global purchasing power and 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 US dollars, exchange rate converted metric tracks the foreign exchange value of the U.S. dollar relative to a broad index of major trading partners. It provides insight into the dollar's strength and is used by economists, policymakers, and investors to assess economic conditions and trade dynamics.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on exchange rates across global currency markets.
Historical Context
This trend is closely monitored for its implications on U.S. trade, imports, exports, and the broader economy.
Key Facts
- The US dollar is the world's primary reserve currency.
- A stronger dollar makes US exports more expensive for foreign buyers.
- Fluctuations in the dollar's value can impact inflation and interest rates.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monthly exchange rate for the U.S. dollar against a broad basket of foreign currencies, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The dollar's exchange rate is a key indicator of the currency's global purchasing power and competitiveness, with implications for trade, inflation, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on exchange rates across global currency markets.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by economists, policymakers, and investors to assess economic conditions and trade dynamics, with potential impacts on interest rates, inflation, and trade policy.
Q: Are there update delays or limitations?
A: The data is reported monthly by the Federal Reserve, with no known delays or limitations.
Related Trends
Balance of payments BPM6: Financial account: Direct investment: Direct investment Net acquisition of financial assets for G20
G20B6FADI02CXCUQ
Balance of payments BPM6: Financial account: Other investment: Other investment Net incurrence of liabilities for G20
G20B6FAOI03CXCUQ
Balance of payments BPM6: Current account Debits: Secondary income: Total Debits for G20
G20B6DBSI01CXCUQ
International Trade: Imports: Value (goods): Total for G20
G20XTIMVA01STSAQ
Balance of payments BPM6: Financial account: Other investment: Other investment Net acquisition of financial assets for G20
G20B6FAOI02CXCUQ
International Merchandise Trade Statistics: Trade Balance: Commodities for G20
G20XTNTVA01CXMLM
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (G20XTIMVA01CXMLM), retrieved from FRED.