International Merchandise Trade Statistics: Exports: Commodities for Estonia
ESTXTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,951,769,000.00
Year-over-Year Change
-15.41%
Date Range
1/1/1993 - 1/1/2025
Summary
This data series tracks Estonia's exports of commodities, which are physical goods traded internationally. It provides insight into the country's trade balance and economic performance.
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: Exports: Commodities for Estonia measures the total value of physical goods exported from Estonia to other countries. This metric is an important indicator of a country's economic health and global competitiveness.
Methodology
The data is collected through customs declarations and other administrative sources by Estonia's statistical agency.
Historical Context
Policymakers and analysts use this data to assess Estonia's trade position and make informed decisions about economic and trade policies.
Key Facts
- Estonia is a major exporter of machinery, electrical equipment, and mineral fuels.
- Exports account for over 60% of Estonia's GDP.
- China and Sweden are Estonia's largest export markets.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of physical goods exported from Estonia to other countries, providing insight into the country's trade balance and economic performance.
Q: Why is this trend relevant for users or analysts?
A: Exports are a key indicator of a country's economic health and global competitiveness, making this data relevant for policymakers, economists, and investors analyzing Estonia's economic position.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and other administrative sources by Estonia's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess Estonia's trade position and make informed decisions about economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but may be subject to revisions and updates by the statistical agency.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Estonia (ESTXTEXVA01CXMLQ), retrieved from FRED.