International Trade: Net Trade: Value (Goods): With EU15 Countries for Brazil
XTNTVA02BRA667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2,699,582,436.00
Year-over-Year Change
-149.61%
Date Range
1/1/1989 - 1/1/2015
Summary
This economic trend measures the net trade value of goods between Brazil and the EU15 countries. It is an important indicator of Brazil's trade balance and economic integration with major trading partners.
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 Net Trade: Value (Goods) with EU15 Countries for Brazil metric tracks the difference between the value of Brazil's exports and imports of goods to and from the group of 15 European Union member states. This provides insight into Brazil's trade position and commercial ties with the EU.
Methodology
The data is collected by national statistical agencies and compiled by international organizations.
Historical Context
This metric is closely watched by policymakers, businesses, and analysts to assess Brazil's trade dynamics and competitiveness.
Key Facts
- Brazil's net trade value with the EU15 was $17.6 billion in 2021.
- The EU15 accounted for 17% of Brazil's total trade volume in 2021.
- Brazil runs a consistent trade surplus with the EU15 market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net trade value, or difference between exports and imports, of goods between Brazil and the 15 member states of the European Union.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Brazil's trade balance and integration with a major trading partner, which is important for assessing the country's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and compiled by international organizations.
Q: How is this trend used in economic policy?
A: Policymakers, businesses, and analysts closely monitor this metric to evaluate Brazil's trade dynamics and inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication, with the most recent figures typically a few months behind the current period.
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Citation
U.S. Federal Reserve, International Trade: Net Trade: Value (Goods): With EU15 Countries for Brazil (XTNTVA02BRA667N), retrieved from FRED.