Real Exports of Goods and Services for Turkey
Annual, Not Seasonally Adjusted
NXRXDCTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
542,023.61
Year-over-Year Change
69.40%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the annual volume of U.S. goods exports, excluding re-exports. This metric provides insight into the competitiveness and performance of the U.S. export sector.
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, Not Seasonally Adjusted' series tracks the total value of U.S. merchandise exports, excluding re-exported goods, on an annual basis. This data is used by economists and policymakers to assess the strength of U.S. trade and the international competitiveness of American-made products.
Methodology
The data is collected by the U.S. Census Bureau through surveys of international trade transactions.
Historical Context
This trend is closely monitored by the Federal Reserve, U.S. Department of Commerce, and other institutions to inform economic and trade policy decisions.
Key Facts
- U.S. goods exports totaled over $1.6 trillion in 2021.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total value of U.S. merchandise exports, excluding re-exported goods, on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and competitiveness of the U.S. export sector, which is a key driver of economic growth and trade policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: The Federal Reserve, U.S. Department of Commerce, and other institutions closely monitor this trend to inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and does not include seasonal adjustments.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NXRXDCTRA), retrieved from FRED.