International Merchandise Trade Statistics: Imports: Commodities for Spain
ESPXTIMVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120,498,900,000.00
Year-over-Year Change
-2.26%
Date Range
1/1/1957 - 1/1/2025
Summary
This trend measures the value of imported commodities into Spain, a key 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 International Merchandise Trade Statistics: Imports: Commodities for Spain tracks the total value of goods imported into Spain across a range of commodity categories. This data provides insights into Spain's trade balance, import patterns, and overall economic performance.
Methodology
The data is collected and reported by the Spanish statistical agency.
Historical Context
This import data is closely watched by economists, policymakers, and market analysts to assess Spain's trade position and economic health.
Key Facts
- Spain is a major importer of goods globally.
- Commodities account for a significant portion of Spain's total imports.
- Import data is a crucial metric for monitoring Spain's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of imported commodities into Spain, providing insights into the country's international trade and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This import data is closely watched by economists, policymakers, and market analysts to assess Spain's trade position and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Spanish statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers use this import data to monitor Spain's trade balance and make informed decisions regarding economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Spanish government, but there may be some delays in reporting or limitations in the coverage of certain commodity categories.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Spain (ESPXTIMVA01CXMLQ), retrieved from FRED.