International Trade: Ratio: Exports to Imports: Total for Russia
Quarterly, Seasonally Adjusted
XTEITT01RUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
441.22
Year-over-Year Change
10.24%
Date Range
1/1/1991 - 7/1/2023
Summary
This series measures the quarterly, seasonally adjusted value of the ratio of total exports to total imports for the United States. It is a key indicator of the nation's trade balance and competitiveness in global markets.
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 total exports-to-imports ratio provides insight into the overall trade flows and competitive position of the U.S. economy. Economists and policymakers monitor this metric to assess the health of the external sector and inform decisions around trade policy and currency valuations.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on official trade statistics.
Historical Context
The exports-to-imports ratio is widely used to analyze the trade balance and international competitiveness of the U.S. economy.
Key Facts
- The U.S. trade deficit widened to $84.9 billion in December 2022.
- The exports-to-imports ratio averaged 0.87 in 2022, down from 0.92 in 2021.
- China is the largest source of U.S. imports and the third-largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the ratio of total U.S. exports to total U.S. imports on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The exports-to-imports ratio is a key indicator of the U.S. trade balance and international competitiveness, which are important factors for economists, policymakers, and market participants.
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 official trade statistics.
Q: How is this trend used in economic policy?
A: The exports-to-imports ratio is widely used to analyze the trade balance and inform decisions around trade policy, currency valuations, and other macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two to three months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (XTEITT01RUQ156S), retrieved from FRED.