Nominal Imports of Goods and Services for Turkey
Annual, Not Seasonally Adjusted
NMXDCTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,058,014.84
Year-over-Year Change
2578.09%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the total value of exports for all U.S. merchandise trade. It provides insight into the overall health and direction of the U.S. economy's international trade balance.
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 series represents the total dollar value of all physical goods exported from the United States, excluding services. It is a key indicator of the U.S. trade position and economic competitiveness in global markets.
Methodology
The data is compiled by the U.S. Census Bureau based on reports from U.S. exporters and their agents.
Historical Context
Policymakers and economists closely monitor export trends to inform trade, monetary, and fiscal policies.
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: The Annual, Not Seasonally Adjusted series measures the total value of all physical goods exported from the United States, excluding services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall health and direction of the U.S. economy's international trade balance, which is a key factor for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on reports from U.S. exporters and their agents.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor export trends to inform trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of 1-2 months.
Related Trends
Harmonized Index of Consumer Prices: Education, Health, and Social Protection for Turkey
EDUHEATRM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Turkiye
CPGRLE01TRQ659N
Consumer Price Index: Harmonized Prices: All Items: Total for Turkey
CPHPTT01TRM657N
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for Turkiye
LREM25FETRQ156S
Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Turkiye
LRUNTTFETRQ156S
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Durables Only for Turkey
IGDXEDTRM086NEST
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NMXDCTRA), retrieved from FRED.