International Merchandise Trade Statistics: Trade Balance: Commodities for OECD
Monthly, Not Seasonally Adjusted
OECDXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-86,894,680,000.00
Year-over-Year Change
-11.73%
Date Range
1/1/1999 - 4/1/2025
Summary
This economic trend measures the monthly, not seasonally adjusted total volume of exports for all goods and services for Chile. It provides insights into the country's international trade dynamics and is a key indicator for economists and policymakers.
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 total volume of exports for goods and services is a crucial metric for understanding a country's trade balance and its role in the global economy. This particular series tracks Chile's monthly export volumes without seasonal adjustments, offering a raw view of the country's trade activity.
Methodology
The data is collected by the Organisation for Economic Co-operation and Development (OECD) through national statistical agencies.
Historical Context
Policymakers and market analysts use this trend to gauge Chile's economic performance and trade competitiveness.
Key Facts
- Chile is a major exporter of copper, lithium, and agricultural products.
- Exports account for over 30% of Chile's GDP.
- China is Chile's largest trading partner, receiving over a quarter of its exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, not seasonally adjusted total volume of exports for all goods and services for Chile.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Chile's international trade dynamics and is a key indicator for economists and policymakers to gauge the country's economic performance and trade competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the OECD through national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to understand Chile's trade balance and its role in the global economy.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delays in reporting from national agencies.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (OECDXTNTVA01CXMLM), retrieved from FRED.