Real Exports of Goods and Services for Estonia
NXRSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111,979.32
Year-over-Year Change
13.92%
Date Range
1/1/1995 - 1/1/2025
Summary
The 'Real Exports of Goods and Services for Estonia' trend measures the volume of Estonia's exports of goods and services, adjusted for inflation. This metric is a key indicator of the country's international trade performance and economic health.
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 tracks the real (inflation-adjusted) value of all goods and services exported from Estonia to international markets. It is an important measure of Estonia's export-driven economy and competitiveness in global trade.
Methodology
The data is calculated by the OECD based on official government statistics.
Historical Context
Policymakers and analysts use this trend to assess Estonia's trade balance, economic growth, and international competitiveness.
Key Facts
- Estonia is a major exporter of machinery, electronics, and wood products.
- Exports account for over 60% of Estonia's GDP.
- Real exports grew by over 4% annually from 2010-2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted volume of all goods and services exported from Estonia to international markets.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Estonia's trade performance, economic competitiveness, and growth potential.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on official government trade statistics from Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Estonia's trade balance, international competitiveness, and overall economic health.
Q: Are there update delays or limitations?
A: There may be a 1-2 quarter lag in data availability, and the series does not capture informal or unrecorded trade activities.
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Citation
U.S. Federal Reserve, Real Exports of Goods and Services for Estonia (NXRSAXDCESQ), retrieved from FRED.