Gross Domestic Product by Expenditure in Constant Prices: Government Final Consumption Expenditure for the European Union
Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted
NAEXKP03EUA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.99
Year-over-Year Change
4.31%
Date Range
1/1/1996 - 1/1/2019
Summary
This economic trend measures the year-over-year growth rate of annual, not seasonally adjusted exports from the European Union to the United States. It provides insight into the pace of change in international trade flows.
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 growth rate of European Union exports to the United States is an important indicator of bilateral trade dynamics. Economists and policymakers analyze this trend to understand the overall health of the trading relationship and identify potential trade imbalances or disruptions.
Methodology
The data is collected through official international trade statistics reported by the European Union.
Historical Context
This trend is closely monitored by trade negotiators, economic analysts, and market participants to assess the state of the US-EU commercial relationship.
Key Facts
- Exports from the EU to the US account for over 17% of total EU exports.
- The US is the EU's largest single-country export destination.
- Trade in goods and services between the EU and US totals over $1 trillion annually.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of annual, not seasonally adjusted exports from the European Union to the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the overall health and direction of the critical US-EU trade relationship, which is closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through official international trade statistics reported by the European Union.
Q: How is this trend used in economic policy?
A: This trend is used by trade negotiators, economic analysts, and market participants to assess the state of the US-EU commercial relationship and identify potential trade imbalances or disruptions.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and updates based on the reporting timelines of the European Union statistical agencies.
Related Trends
Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for European Union
00XTOBEUCCM086NEST
Activity Rate: Aged 15 and Over: All Persons for the European Union
LRACTTTTEUA156N
Harmonized Index of Consumer Prices: Tools and Equipment for House and Garden for European Union (27 Countries from 2020)
CP0550EU272020M086NEST
Harmonized Index of Consumer Prices: Fully Administered Prices for European Union
APFULLEUCCM086NEST
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for European Union (27 Countries from 2020)
00XAP0EU272020M086NEST
Harmonized Index of Consumer Prices: Fruit for European Union (28 Countries)
CP0116EU28M086NEST
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Annual, Not Seasonally Adjusted (NAEXKP03EUA659S), retrieved from FRED.