International Trade: Ratio: Exports to Imports: Total for Russia
Annual, Seasonally Adjusted
XTEITT01RUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
220.23
Year-over-Year Change
33.28%
Date Range
1/1/1991 - 1/1/2022
Summary
The Annual, Seasonally Adjusted economic trend measures the total exports of trade in intermediate goods between the U.S. and the European Union. This metric provides insight into the strength of cross-border supply chain activity and 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 Annual, Seasonally Adjusted series tracks the total value of intermediate goods exported from the U.S. to the European Union on an annual basis, with seasonal fluctuations removed. This data point is used by economists and policymakers to analyze trade dynamics and the degree of economic interdependence between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This trend informs trade policy discussions and negotiations between the U.S. and EU.
Key Facts
- U.S. exports of intermediate goods to the EU were valued at $283 billion in 2021.
- Intermediate goods account for over 50% of total U.S. merchandise exports to the EU.
- This trend has declined by 7% since 2017 amid trade tensions.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series tracks the total value of intermediate goods exported from the U.S. to the European Union on an annual basis, with seasonal fluctuations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of cross-border supply chain activity and economic integration between the U.S. and EU, which is important for trade policy and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: This trend informs trade policy discussions and negotiations between the U.S. and EU.
Q: Are there update delays or limitations?
A: The data is released annually with a lag of several months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (XTEITT01RUA156S), retrieved from FRED.