International Merchandise Trade Statistics: Exports: Commodities for Estonia
XTEXVA01EEQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,843,900,000.00
Year-over-Year Change
-9.34%
Date Range
1/1/1993 - 1/1/2025
Summary
The International Merchandise Trade Statistics: Exports: Commodities for Estonia measures the value of goods exported from Estonia to other countries, providing insight into the country's trade activities 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
This economic trend tracks the total value of merchandise exports from Estonia, including a breakdown by major commodity categories. It is an important indicator of Estonia's trade balance, competitiveness, and integration with the global economy.
Methodology
The data is collected by Estonia's statistical agency based on customs records and other official sources.
Historical Context
Policymakers and analysts use this data to assess Estonia's trade policies, economic conditions, and position in international markets.
Key Facts
- Estonia exported over $16 billion in goods in 2021.
- Machinery and transportation equipment are Estonia's top export categories.
- Estonia's exports grew by 25% from 2020 to 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from Estonia, broken down by major commodity categories.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Estonia's trade balance, economic competitiveness, and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected by Estonia's statistical agency based on customs records and other official sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess Estonia's trade policies and economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Estonia (XTEXVA01EEQ664S), retrieved from FRED.