Real Exports of Services for Japan
Annual, Not Seasonally Adjusted
NXSRXDCJPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,613,500.00
Year-over-Year Change
131.74%
Date Range
1/1/1994 - 1/1/2024
Summary
This trend measures the annual value of U.S. non-petroleum exports minus imports, not seasonally adjusted. It is a key indicator of trade balance and international 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 real trade balance, excluding petroleum, provides insight into the underlying competitiveness of U.S. goods and services exports versus imports. It is used by economists and policymakers to analyze trade dynamics and inform economic policy decisions.
Methodology
The data is calculated by the U.S. Census Bureau based on international trade statistics.
Historical Context
This metric is closely watched by trade analysts, economists, and government agencies to assess the health of the U.S. economy and international trade position.
Key Facts
- The U.S. trade balance in goods and services was -$1.02 trillion in 2022.
- China is the largest source of U.S. imports and the third-largest destination for U.S. exports.
- The U.S. has run a trade deficit since the late 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual value of U.S. non-petroleum exports minus imports, providing insight into the trade balance excluding energy products.
Q: Why is this trend relevant for users or analysts?
A: The non-petroleum trade balance is a key indicator of the underlying competitiveness of the U.S. economy and is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on international trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of the U.S. economy and inform decisions on trade, tariff, and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NXSRXDCJPA), retrieved from FRED.