National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Estonia
Annual
NAEXCP07EEA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,081,718,000.00
Year-over-Year Change
207.23%
Date Range
1/1/1995 - 1/1/2022
Summary
The Annual trend measures the annual change in nominal exports of goods and services from the United States. This key economic indicator provides insights into the performance of the U.S. export sector and international trade dynamics.
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 Annual trend represents the year-over-year percent change in the total value of U.S. exports of goods and services. It is an important macroeconomic indicator used by policymakers and analysts to gauge the strength of the country's export activity and its position in global trade.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and trade statistics.
Historical Context
The Annual trend is closely monitored by the Federal Reserve and other government agencies to inform economic and trade policy decisions.
Key Facts
- U.S. exports totaled $2.5 trillion in 2021.
- China is the largest destination for U.S. exports.
- Services account for about a third of total U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in the total value of U.S. exports of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the performance of the U.S. export sector and is a key indicator of the country's international trade dynamics and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and trade statistics.
Q: How is this trend used in economic policy?
A: The Annual trend is closely monitored by the Federal Reserve and other government agencies to inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (NAEXCP07EEA189S), retrieved from FRED.