International Trade: Ratio: Exports to Imports: Total for Russia
Monthly, Not Seasonally Adjusted
XTEITT01RUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.09
Year-over-Year Change
-20.02%
Date Range
1/1/1991 - 10/1/2023
Summary
This economic trend measures monthly exports of trade in goods and services from the United States, not adjusted for seasonal variations. It provides insights into the nation's international trade dynamics and economic performance.
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 monthly, not seasonally adjusted exports trend tracks the total value of goods and services exported from the U.S. to other countries on a monthly basis, without adjusting for typical seasonal patterns. This metric is a key indicator of the U.S. trade balance and economic engagement with global markets.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the U.S. trade position and the competitiveness of American exports.
Key Facts
- U.S. monthly exports totaled $258.4 billion in December 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 monthly value of goods and services exported from the United States to other countries, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the U.S. trade balance and the competitiveness of American exports in global markets, which are key indicators of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the U.S. trade position and inform decisions related to trade, economic, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly, with a lag of approximately two months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Russia
RUSCP040000IXOBM
Leading Indicators OECD: Leading indicators: CLI: Normalised for the Russian Federation
RUSLOLITONOSTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Russia
RUSCP010000GYQ
Value of Exports to Russia from Utah
UTRUSA052SCEN
Leading Indicators OECD: Component series: BTS - Production: Normalised for the Russian Federation
RUSLOCOBPNOSTSAM
Value of Exports to Russia from Iowa
IARUSA052SCEN
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (XTEITT01RUM156N), retrieved from FRED.