International Merchandise Trade Statistics: Exports: Commodities for Australia
XTEXVA01AUM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,469,610,000.00
Year-over-Year Change
4.29%
Date Range
1/1/1955 - 6/1/2025
Summary
This economic indicator tracks the value of commodities exported from Australia. It is a key measure of Australia'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 Australia measures the total value of commodities exported from Australia to other countries. This metric provides insights into Australia's trade balance, industrial production, and export-driven economic growth.
Methodology
The data is collected through customs declarations and other government reporting.
Historical Context
Policy makers and analysts use this metric to assess Australia's trade position and the competitiveness of its exports.
Key Facts
- Australia is one of the world's leading exporters of commodities like minerals, agricultural products, and fossil fuels.
- Commodity exports account for over 60% of Australia's total exports.
- China is Australia's largest export market, receiving over 30% of its commodity shipments.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of commodities exported from Australia to other countries, providing insights into Australia's trade balance and export-driven economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Australia's trade position, the competitiveness of its exports, and the role of commodity exports in its economy.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and other government reporting.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Australia's trade position and the competitiveness of its exports, which informs economic and trade policies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of customs and government reporting, which may result in occasional update delays.
Related Trends
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NAEXKP07AUQ652S
Nominal Exports of Services for Australia
NXSNSAXDCAUQ
Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Australia
IRSTCI01AUM156N
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Australia
ODCNPI03AUQ657S
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Australia
LREM64FEAUM156S
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Australia
AUSGDPNQDSMEI
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Australia (XTEXVA01AUM664S), retrieved from FRED.