International Trade: Exports: Value (Goods): Total for Portugal
XTEXVA01PTA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.39
Year-over-Year Change
56.44%
Date Range
1/1/1995 - 1/1/2022
Summary
This economic trend measures the total value of goods exported from Portugal. It is a key indicator of Portugal's international trade 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
The International Trade: Exports: Value (Goods): Total for Portugal series tracks the dollar value of all goods exported from Portugal to other countries. This metric is widely used by economists and policymakers to assess Portugal's trade balance, manufacturing output, and overall economic health.
Methodology
The data is collected by Portugal's National Statistics Institute through surveys of exporting companies.
Historical Context
Policymakers and analysts monitor this export data to understand Portugal's competitiveness in global markets.
Key Facts
- Portugal exported $59.4 billion in goods in 2021.
- Automotive products are Portugal's top export category.
- Exports account for over 40% of Portugal's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods exported from Portugal to other countries. It is a key indicator of Portugal's international trade performance.
Q: Why is this trend relevant for users or analysts?
A: This export data is widely used by economists and policymakers to assess Portugal's trade balance, manufacturing output, and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected by Portugal's National Statistics Institute through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor Portugal's export data to understand the country's competitiveness in global markets and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, International Trade: Exports: Value (Goods): Total for Portugal (XTEXVA01PTA188S), retrieved from FRED.