Real Exports of Goods and Services for Estonia
Quarterly, Not Seasonally Adjusted
NXRNSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105,578.35
Year-over-Year Change
13.32%
Date Range
1/1/1995 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted economic trend measures the U.S. trade balance, which is the difference between exports and imports. This key indicator provides insight into the strength of the U.S. economy and its engagement with global trade.
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 trade balance reflects the net flow of goods and services between the U.S. and its trading partners. A positive trade balance (surplus) indicates the U.S. exports more than it imports, while a negative balance (deficit) signals the opposite. Economists and policymakers closely monitor this metric to assess economic performance and competitiveness.
Methodology
The U.S. Census Bureau collects and calculates this data on a quarterly basis.
Historical Context
The trade balance is a crucial input for macroeconomic analysis and policy decisions affecting domestic industries, employment, and international relations.
Key Facts
- The U.S. trade deficit reached a record high of $84.9 billion in March 2022.
- Exports account for about 12% of U.S. GDP.
- China is the largest source of the U.S. trade deficit.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the difference between the value of goods and services the U.S. exports and the value of goods and services it imports.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a critical indicator of a country's economic health and global competitiveness. It informs policy decisions, market analyses, and assessments of the U.S. economy's performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects data on imports and exports and calculates the trade balance on a quarterly basis.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the trade balance to evaluate the effectiveness of trade policies, monitor the strength of the U.S. dollar, and make decisions that affect domestic industries, employment, and international relations.
Q: Are there update delays or limitations?
A: The trade balance data is published quarterly with a short delay, typically within a month after the end of the reporting period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NXRNSAXDCESQ), retrieved from FRED.