International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic
SVKXTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,382,840,000.00
Year-over-Year Change
5.21%
Date Range
1/1/1993 - 1/1/2025
Summary
This economic trend measures the value of commodities exported from Slovakia. It is an important indicator of the country's international trade performance and global economic integration.
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 International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic tracks the dollar value of Slovakia's exports across various commodity categories. This data is widely used by economists, policymakers, and businesses to analyze Slovakia's trade dynamics and competitiveness.
Methodology
The data is collected and reported by the Statistical Office of the Slovak Republic.
Historical Context
This export data informs decision-making around trade policy, exchange rates, and economic development strategies.
Key Facts
- Slovakia is a major exporter of machinery, vehicles, and electrical equipment.
- Exports account for over 90% of Slovakia's GDP.
- The EU is Slovakia's largest export market, receiving over 80% of its exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of commodities exported from Slovakia, broken down by different product categories.
Q: Why is this trend relevant for users or analysts?
A: This export data is crucial for analyzing Slovakia's trade performance, international competitiveness, and economic integration.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Policymakers use this export data to inform trade negotiations, exchange rate management, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule of the Statistical Office of the Slovak Republic, which may result in some delay before the latest figures are available.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic (SVKXTEXVA01CXMLQ), retrieved from FRED.