International Merchandise Trade Statistics: Exports: Commodities for G7

G7XTEXVA01CXMLSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

594,482,400,000.00

Year-over-Year Change

4.95%

Date Range

1/1/1970 - 4/1/2025

Summary

The International Merchandise Trade Statistics: Exports: Commodities for G7 trend measures the value of goods exported by the G7 countries. This data is crucial for understanding global trade patterns and the performance of major economies.

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

This dataset tracks the total value of merchandise exports for the Group of Seven (G7) economies, which include the United States, Japan, Germany, the United Kingdom, France, Italy, and Canada. Analyzing this data provides insights into the trade dynamics and competitiveness of these leading industrial nations.

Methodology

The data is collected and aggregated by national statistical agencies and reported to international organizations.

Historical Context

Policymakers and market analysts closely monitor this trade data to assess economic health and make informed decisions.

Key Facts

  • The G7 accounts for over 30% of global merchandise exports.
  • Germany is the largest exporter among the G7 countries.
  • Exports have grown steadily for the G7 since the 2008-2009 financial crisis.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the total value of merchandise exports for the Group of Seven (G7) major industrialized economies.

Q: Why is this trend relevant for users or analysts?

A: Monitoring G7 export data provides insights into global trade patterns, the competitiveness of major economies, and broader economic health.

Q: How is this data collected or calculated?

A: The data is collected by national statistical agencies and reported to international organizations.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts closely track this trade data to assess economic conditions and make informed decisions.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, but there may be lags in reporting from individual countries.

Related Trends

Citation

U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for G7 (G7XTEXVA01CXMLSAM), retrieved from FRED.