External Trade: Volume of Exports of Goods and Services for Brunei Darussalam
BRNTXRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.28
Year-over-Year Change
-167.52%
Date Range
1/1/2016 - 1/1/2024
Summary
This economic trend measures the volume of exports of goods and services for Brunei Darussalam. It is an important indicator of the country's international trade and economic activity.
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 External Trade: Volume of Exports of Goods and Services for Brunei Darussalam trend represents the total quantity of exported products and services from the country. It is a key metric used by economists and policymakers to assess Brunei's trade performance and its integration with the global economy.
Methodology
The data is collected and calculated by the Brunei government's statistical agency.
Historical Context
This export volume trend is closely monitored by Brunei's central bank and trade ministry to inform economic and trade policies.
Key Facts
- Brunei's exports are dominated by crude oil and natural gas.
- Export volumes fluctuate with global energy demand and commodity prices.
- Non-oil exports like palm oil and electronic components are growing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume or quantity of goods and services exported from Brunei Darussalam to other countries.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Brunei's export volumes is important for understanding the country's international trade performance and economic health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Brunei's government statistical agency.
Q: How is this trend used in economic policy?
A: Brunei's central bank and trade ministry use this export volume trend to inform policies aimed at promoting international trade and economic growth.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the trend only covers goods and services exported from Brunei.
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Citation
U.S. Federal Reserve, External Trade: Volume of Exports of Goods and Services for Brunei Darussalam (BRNTXRPCPPPT), retrieved from FRED.