Price Level of Exports for Viet Nam
PLXCPPVNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
29.16%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Exports for Viet Nam measures the price index for goods and services exported from Vietnam. This key economic indicator provides insights into the country's international trade competitiveness and export market conditions.
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 Price Level of Exports for Viet Nam is an index that tracks the changes in prices received by Vietnamese exporters over time. It is used by economists and policymakers to assess the country's export sector performance and the global competitiveness of Vietnamese products.
Methodology
The data is collected and calculated by the World Bank based on a survey of export prices across various industries.
Historical Context
This trend is closely monitored by Vietnamese trade officials and international investors to gauge the country's export dynamics and potential trade policy implications.
Key Facts
- Vietnam is a major global exporter of goods like electronics, textiles, and agricultural products.
- The Price Level of Exports index is a key indicator of Vietnam's international trade competitiveness.
- Tracking this trend helps policymakers assess the impact of exchange rates, trade policies, and global market conditions on Vietnamese exports.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Viet Nam measures the prices received by Vietnamese exporters for their goods and services sold internationally.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Vietnam's export sector performance and global competitiveness, which is crucial for economic policymaking and international trade analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on a survey of export prices across various industries in Vietnam.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials in Vietnam closely monitor this trend to assess the country's export dynamics and potential trade policy implications.
Q: Are there update delays or limitations?
A: The Price Level of Exports for Viet Nam data is published with a slight delay, as it relies on survey-based information collected by the World Bank.
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Citation
U.S. Federal Reserve, Price Level of Exports for Viet Nam (PLXCPPVNA670NRUG), retrieved from FRED.