Goods, Value of Exports for Islamic Republic of Iran
Millions of Dollars, Quarterly
VALEXPIRQ052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,100.00
Year-over-Year Change
39.43%
Date Range
1/1/2005 - 4/1/2024
Summary
This economic trend measures the total value of exports of goods and services from the United States on a quarterly basis. It is a key indicator of the nation's trade activity and international 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 Millions of Dollars, Quarterly trend represents the total dollar value of all goods and services exported from the United States during a given three-month period. This metric is widely used by economists and policymakers to assess the health of the U.S. economy and its position in global trade.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and trade statistics.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge the impact of trade policies, exchange rates, and global economic conditions on U.S. exports.
Key Facts
- Quarterly U.S. exports totaled $1.7 trillion in 2022.
- Exports accounted for 12% of U.S. GDP in 2021.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the U.S. economy's trade performance and international competitiveness, which is closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to assess the impact of trade policies, exchange rates, and global economic conditions on U.S. exports, which can inform decisions on trade agreements, tariffs, and other economic measures.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Millions of Dollars, Quarterly (VALEXPIRQ052N), retrieved from FRED.