International Trade: Exports: Value (goods): Total for G7
G7XTEXVA01STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.62
Year-over-Year Change
1.31%
Date Range
1/1/1995 - 1/1/2018
Summary
The 'International Trade: Exports: Value (goods): Total for G7' series measures the total value of exports from the G7 countries, a group of major advanced economies. This trend is a key indicator of global trade activity and economic integration.
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 data series tracks the total value of merchandise exports from the Group of Seven (G7) countries, including the United States, Canada, United Kingdom, France, Germany, Italy, and Japan. It provides insight into the overall trade position and competitiveness of these major economies.
Methodology
The data is collected from official government sources and compiled by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts use this indicator to assess the health of the global trading system and the performance of major exporting nations.
Key Facts
- The G7 countries account for over 30% of global GDP.
- Exports make up a significant portion of economic activity in these advanced economies.
- Trends in G7 exports can signal shifts in trade patterns and global competitiveness.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise exports from the Group of Seven (G7) countries, a group of major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall trade position and competitiveness of the world's largest exporting nations, which is important for understanding global economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected from official government sources and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health of the global trading system and the performance of major exporting economies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with relatively short publication lags, providing timely information on G7 trade flows.
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Citation
U.S. Federal Reserve, International Trade: Exports: Value (goods): Total for G7 (G7XTEXVA01STSAQ), retrieved from FRED.