US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPCRSE01PTA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,299,600,000.00
Year-over-Year Change
190.25%
Date Range
1/1/1996 - 1/1/2013
Summary
This economic trend measures the total U.S. dollars earned through exports over the course of a year. It provides insight into the health of U.S. trade and the nation's position in the global economy.
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 U.S. Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted series tracks the total value of U.S. exports on an annual basis. It is a key indicator of the country's trade balance and international competitiveness.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and customs records.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the U.S. economy's trade position and inform trade policies.
Key Facts
- U.S. exports reached a record high of $2.5 trillion in 2021.
- The trade deficit widened to $889 billion in 2022, the highest on record.
- China is the largest market for U.S. exports, accounting for 18% of total exports in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of U.S. exports over the course of a year, providing insight into the health of U.S. trade and the nation's position in the global economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the U.S. trade balance and international competitiveness, making it closely monitored by policymakers, economists, and market analysts to inform trade policies and economic assessments.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the U.S. economy's trade position and inform trade policies, while economists and market analysts use it to evaluate the nation's international competitiveness.
Q: Are there update delays or limitations?
A: The data is released annually, with a typical update delay of several months.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPCRSE01PTA637N), retrieved from FRED.