International Trade: Exports: Value (Goods): Total for Costa Rica
CRIXTEXVA01STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.11
Year-over-Year Change
6.86%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic indicator tracks the total value of goods exported from Costa Rica. It provides insights into the country's international trade performance and overall 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 'International Trade: Exports: Value (Goods): Total for Costa Rica' series measures the total monetary value of all goods exported from Costa Rica to international markets. It is a key metric for assessing the nation's export-driven economy and participation in global trade.
Methodology
The data is collected and reported by the Costa Rican Central Bank.
Historical Context
This export value trend is closely monitored by policymakers, economists, and market analysts to gauge Costa Rica's economic health and trade dynamics.
Key Facts
- Costa Rica's major export products include electronic components, medical equipment, and agricultural goods.
- Exports account for over 30% of Costa Rica's total GDP.
- The United States is Costa Rica's largest trading partner, receiving over 40% of its exported goods.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total monetary value of all goods exported from Costa Rica to international markets.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into Costa Rica's export-driven economy and participation in global trade, which is crucial for assessing the country's economic health and performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Costa Rican Central Bank.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this export value trend to gauge Costa Rica's economic health and trade dynamics, which informs economic policies and strategies.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis, but there may be occasional delays or revisions due to the complexities of international trade reporting.
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Citation
U.S. Federal Reserve, International Trade: Exports: Value (Goods): Total for Costa Rica (CRIXTEXVA01STSAQ), retrieved from FRED.