International Merchandise Trade Statistics: Exports: Commodities for Portugal
XTEXVA01PTM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,644,386,000.00
Year-over-Year Change
10.39%
Date Range
1/1/1957 - 5/1/2025
Summary
The International Merchandise Trade Statistics: Exports: Commodities for Portugal measures the value of Portugal's exported goods and commodities. This key economic indicator provides insights into Portugal's trade balance and international competitiveness.
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 series tracks the total value of merchandise exports from Portugal, broken down by commodity type. It is a crucial measure of Portugal's involvement in global trade and can signal changes in the country's industrial output, consumer demand, and exchange rates.
Methodology
The data is collected by Portugal's National Statistics Institute through surveys of businesses and customs declarations.
Historical Context
Policymakers and analysts use this trade data to assess Portugal's economic health and make informed decisions about trade policy, exchange rate management, and industrial development.
Key Facts
- Portugal is a major exporter of machinery, vehicles, and other manufactured goods.
- Exports make up over 40% of Portugal's GDP.
- China and Spain are Portugal's largest export markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from Portugal, broken down by commodity type such as machinery, vehicles, and other manufactured goods.
Q: Why is this trend relevant for users or analysts?
A: This export data provides important insights into Portugal's trade balance, industrial competitiveness, and integration with the global economy, which are crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by Portugal's National Statistics Institute through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trade data to assess Portugal's economic health and make informed decisions about trade policy, exchange rate management, and industrial development.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Portugal (XTEXVA01PTM667S), retrieved from FRED.