Real Exports of Goods for Russia
NXGRNSAXDCRUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,736,118.20
Year-over-Year Change
12.73%
Date Range
1/1/2011 - 10/1/2021
Summary
The 'Real Exports of Goods for Russia' indicator measures the volume of goods exported from Russia, adjusted for inflation. It provides insights into Russia's international trade and economic activity.
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 economic trend tracks the real, inflation-adjusted value of goods exported from Russia to other countries. It is an important metric for analyzing Russia's trade balance, competitiveness, and overall economic performance.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official trade statistics.
Historical Context
Policymakers and analysts use this trend to assess Russia's trade position and the broader state of its economy.
Key Facts
- Russia is one of the world's largest exporters of natural resources and commodities.
- Real exports of goods have been volatile in recent years due to economic and geopolitical factors.
- Tracking real exports is crucial for understanding Russia's trade balance and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The 'Real Exports of Goods for Russia' indicator measures the volume of goods exported from Russia, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Russia's international trade and economic activity, which is crucial for understanding its trade balance and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Russia's trade position and the broader state of its economy.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and can have update delays due to the complexities of international trade reporting.
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Citation
U.S. Federal Reserve, Real Exports of Goods for Russia (NXGRNSAXDCRUQ), retrieved from FRED.