International Trade: Exports: Value (Goods): Total for Czech Republic
XTEXVA01CZA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.41
Year-over-Year Change
31.64%
Date Range
1/1/1995 - 1/1/2022
Summary
This economic trend measures the total value of goods exported from the Czech Republic, providing insight into the country's international trade activities and global economic engagement.
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 Trade: Exports: Value (Goods): Total for Czech Republic tracks the monetary value of all goods exported from the Czech Republic to other countries. This metric is a key indicator of the country's export-driven economic performance and integration into global supply chains.
Methodology
The data is collected by the Czech Statistical Office through surveys of exporting companies and customs declarations.
Historical Context
Policymakers and analysts use this trend to assess the Czech Republic's trade balance, competitiveness, and the impact of economic policies on the country's export sector.
Key Facts
- The Czech Republic is a major exporter of machinery, vehicles, and electronics.
- Exports account for over 80% of the Czech Republic's GDP.
- China and Germany are the Czech Republic's largest export destinations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all goods exported from the Czech Republic to other countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the Czech Republic's export-driven economic performance and global trade integration, which is crucial for assessing the country's competitiveness and the impact of economic policies.
Q: How is this data collected or calculated?
A: The data is collected by the Czech Statistical Office through surveys of exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the Czech Republic's trade balance, competitiveness, and the impact of economic policies on the country's export sector.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may be subject to revisions by the Czech Statistical Office.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Czechia
CZECPHP0702GYM
International Merchandise Trade Statistics: Exports: Commodities for Czechia
XTEXVA01CZQ664S
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Czech Republic
QCZNAM770A
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Czech Republic
CZEFCSODCGGDPPT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Czechia
CZECP020000IXOBM
Harmonized Index of Consumer Prices: Household Textiles for Czech Republic
CP0520CZM086NEST
Citation
U.S. Federal Reserve, International Trade: Exports: Value (Goods): Total for Czech Republic (XTEXVA01CZA188S), retrieved from FRED.