Balance of Payments: Goods: Expenditure for Brazil
BRAB6DBTD01CXCUSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,619,180,000.00
Year-over-Year Change
11.72%
Date Range
1/1/1995 - 1/1/2025
Summary
The Balance of Payments: Goods: Expenditure for Brazil measures the value of goods imported by Brazil from the United States. This metric is crucial for understanding Brazil's trade dynamics and the overall health of its 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 Balance of Payments: Goods: Expenditure for Brazil represents the total value of goods that Brazil has purchased from the United States. This data point is used by economists and policymakers to analyze Brazil's trade balance, international competitiveness, and the impact of exchange rate fluctuations.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of importers.
Historical Context
Trends in this metric can inform trade policy decisions, investment strategies, and macroeconomic forecasts.
Key Facts
- Brazil is the United States' 9th largest goods trading partner.
- The U.S. goods trade deficit with Brazil was $20.1 billion in 2021.
- Brazil is the largest economy in Latin America.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Goods: Expenditure for Brazil measures the value of goods imported by Brazil from the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Brazil's trade dynamics and the overall health of its economy, as it reflects the country's demand for U.S. goods.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of importers.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform trade policy decisions, investment strategies, and macroeconomic forecasts.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Balance of Payments: Goods: Expenditure for Brazil (BRAB6DBTD01CXCUSAQ), retrieved from FRED.