Real Imports of Goods and Services for Japan
Millions of Domestic Currency, Annual, Not Seasonally Adjusted
NMRXDCJPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110,141,800.00
Year-over-Year Change
27.49%
Date Range
1/1/1994 - 1/1/2024
Summary
This economic trend measures the total value of exports in millions of U.S. dollars on an annual, not seasonally adjusted basis. It provides important insights into the strength of U.S. international trade and economic 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 'Millions of Domestic Currency, Annual, Not Seasonally Adjusted' metric represents the total value of goods and services exported from the United States to international markets. Economists and policymakers analyze this data to assess the trade balance, gauge the effectiveness of trade policies, and understand broader economic conditions.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Historical Context
This export value trend is a key indicator used by the Federal Reserve, Congress, and other institutions to inform economic and trade policy decisions.
Key Facts
- U.S. exports totaled over $2.5 trillion in 2021.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the United States to international markets on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This export value metric provides important insights into the strength of U.S. international trade and economic competitiveness, which are crucial factors for policymakers and market analysts to monitor.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export value trend is a key indicator used by the Federal Reserve, Congress, and other institutions to inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: There may be minor delays in the release of this data, and the annual, not seasonally adjusted nature of the metric means it does not capture monthly or quarterly fluctuations.
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Citation
U.S. Federal Reserve, Millions of Domestic Currency, Annual, Not Seasonally Adjusted (NMRXDCJPA), retrieved from FRED.