US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPCRSE01ATA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,148,000,000.00
Year-over-Year Change
172.29%
Date Range
1/1/1992 - 1/1/2013
Summary
This economic trend measures the total US dollar value of goods and services exported from the United States over a year. It is a key indicator of international trade performance and global economic integration.
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 'US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted' series tracks the overall dollar value of US exports on an annual basis. It provides insights into the scale and composition of the country's international trade activities, which are crucial for economic analysis and policymaking.
Methodology
The data is collected and calculated by the US Bureau of Economic Analysis based on surveys of US businesses and trade statistics.
Historical Context
This export value trend is widely used by economists, businesses, and policymakers to monitor trade flows, evaluate trade policies, and assess the US's global competitiveness.
Key Facts
- US exports totaled over $2.5 trillion in 2021.
- Exports accounted for approximately 12% of US GDP in 2021.
- China, Canada, and Mexico are the top destinations for US exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total US dollar value of goods and services exported from the United States over a given year.
Q: Why is this trend relevant for users or analysts?
A: This export value trend provides crucial insights into the scale and composition of the US's international trade activities, which are essential for economic analysis, trade policy evaluation, and assessing the country's global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Bureau of Economic Analysis based on surveys of US businesses and trade statistics.
Q: How is this trend used in economic policy?
A: This export value trend is widely used by economists, businesses, and policymakers to monitor trade flows, evaluate trade policies, and assess the US's global economic integration and competitiveness.
Q: Are there update delays or limitations?
A: The data is released on an annual basis, with a delay of several months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPCRSE01ATA637N), retrieved from FRED.