International Trade: Net Trade: Value (Goods): Total for Spain
ESPXTNTVA01STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.38
Year-over-Year Change
319.64%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures Spain's net trade value of goods, providing insight into the country's international trade balance and global competitiveness.
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
Net trade value represents the difference between a country's exports and imports of goods. This metric is a key indicator of a nation's trade position and can inform economic policy, investment decisions, and analyses of a country's economic performance.
Methodology
The data is collected and calculated by government statistical agencies using international trade records.
Historical Context
Net trade value is widely used by economists, policymakers, and market analysts to assess a country's economic health and trade relationships.
Key Facts
- Spain's net trade value of goods was €-12.8 billion in 2022.
- Net trade value has fluctuated significantly in Spain over the past decade.
- Trade balance is a key indicator of a country's economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures Spain's net trade value of goods, which is the difference between the country's exports and imports of physical products.
Q: Why is this trend relevant for users or analysts?
A: Net trade value is an important indicator of a country's trade position and overall economic performance, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by government statistical agencies using international trade records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use net trade value to assess a country's trade relationships, competitiveness, and overall economic health, which can inform trade policies and other economic decisions.
Q: Are there update delays or limitations?
A: There may be slight delays in data reporting, and the metric may not capture all aspects of a country's trade position.
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Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Spain
ESPB6BLTT02STSAQ
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Spain
ESPFCLODCGGDPPT
Mutual Fund Assets to GDP for Spain
DDDI07ESA156NWDB
International Trade: Exports: Value (Goods): Total for Spain
XTEXVA01ESQ188S
Citation
U.S. Federal Reserve, International Trade: Net Trade: Value (Goods): Total for Spain (ESPXTNTVA01STSAQ), retrieved from FRED.