US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPCRTD01CZA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135,631,700,000.00
Year-over-Year Change
306.25%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic trend measures the total U.S. dollar value of imports and exports over a calendar year. It provides insight into the overall trade balance and international transactions.
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' metric tracks the total value of U.S. goods and services traded with the rest of the world on an annual basis. This high-level indicator is widely used by economists and policymakers to assess the health of the U.S. economy and make informed decisions.
Methodology
The data is collected by the U.S. Census Bureau through a survey of international trade transactions.
Historical Context
This annual trade data is closely monitored by the Federal Reserve and other government agencies to inform macroeconomic policies.
Key Facts
- The U.S. had a trade deficit of $1.02 trillion in 2022.
- Exports accounted for 12% of U.S. GDP in 2021.
- China is the largest trading partner for the U.S.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total annual value of U.S. imports and exports, providing insight into the overall trade balance and international transactions.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of a country's economic health and competitiveness, making this data highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through a survey of international trade transactions.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely monitor this annual trade data to inform macroeconomic policies and decisions.
Q: Are there update delays or limitations?
A: The annual trade data is released with a lag, typically several months after the end of the calendar year.
Related Trends
Total Credit to Non-Financial Sector, Adjusted for Breaks, for Czech Republic
QCZCAMUSDA
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Czechia
LFEM64FECZA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Czechia
CZECPHP1200GYM
Consumer Price Index: Harmonized Prices: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Czech Republic
CZECPHP0200IXEBM
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Czechia
CZEB6BLTT01CXCUSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Czechia
CZECP070200GYM
Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPCRTD01CZA637S), retrieved from FRED.