International Merchandise Trade Statistics: Trade Balance: Commodities for G20
Monthly, Seasonally Adjusted
G20XTNTVA01CXMLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-683,558,000.00
Year-over-Year Change
-91.13%
Date Range
5/1/2016 - 5/1/2025
Summary
The Monthly, Seasonally Adjusted series measures global trade in goods and services, a key indicator of economic activity and integration.
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 total value of imports and exports of goods and services, adjusted for seasonal variations. It provides insights into the health and dynamics of the global economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this metric to assess the state of international trade and make informed economic decisions.
Key Facts
- Global trade in goods and services accounts for over 50% of worldwide GDP.
- Trade data is a leading indicator of economic performance and business cycle trends.
- The U.S. is the world's largest trading nation, with over $5 trillion in annual imports and exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of imports and exports of goods and services across the global economy, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Global trade data provides critical insights into the health and dynamics of the international economy, which is crucial for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of international trade and make informed decisions about trade policies, economic regulations, and other interventions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
Related Trends
Balance of payments BPM6: Financial account: Reserve assets: Reserve assets Net for G20
G20B6FARA01CXCUQ
Balance of payments BPM6: Financial account: Portfolio investment: Portfolio investment Net for G20
G20B6FAPI10CXCUQ
Balance of payments BPM6: Current account Balance: Secondary income: Total Balance for G20
G20B6BLSI01CXCUQ
Balance of payments BPM6: Current account Debits: Goods: Total Debits for G20
G20B6DBTD01CXCUQ
International Trade: Imports: Value (goods): Total for G20
G20XTIMVA01STSAQ
Balance of payments BPM6: Current account Debits: Services: Total Debits as % of Goods and Services for G20
G20B6DBSE03STSAQ
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (G20XTNTVA01CXMLSAM), retrieved from FRED.