International Trade: Exports: Value (Goods): Total for India
Annual
XTEXVA01INA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.41
Year-over-Year Change
-4.97%
Date Range
1/1/1997 - 1/1/2022
Summary
The Annual trend measures the year-over-year change in exports of goods and services for a specific country or region. This key metric provides insights into the health and performance of a nation's external trade.
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 Annual trend tracks the annual growth or decline in a country's total exports, which include both goods (e.g., manufactured products, commodities) and services (e.g., tourism, transportation). Analyzing this data helps economists and policymakers assess a country's trade competitiveness and the impacts of factors like exchange rates, trade agreements, and global demand.
Methodology
The data is collected through surveys of businesses and compiled by national statistical agencies.
Historical Context
Trends in a country's exports are closely monitored by central banks, trade ministries, and investors to gauge economic conditions and guide policy decisions.
Key Facts
- Exports account for over 12% of U.S. GDP.
- China is the world's largest exporter, with over $2.6 trillion in annual exports.
- The U.S. exports more services than goods.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in a country's total exports of goods and services.
Q: Why is this trend relevant for users or analysts?
A: Analyzing export growth provides insights into a country's trade competitiveness, global demand, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by national statistical agencies.
Q: How is this trend used in economic policy?
A: Trends in exports are closely monitored by central banks, trade ministries, and investors to gauge economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (XTEXVA01INA188S), retrieved from FRED.