Leading Indicators OECD: Component Series: Exports of Goods: Original Series for Israel
LOCOXGORILQ668S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
592,055,848.97
Year-over-Year Change
-29.97%
Date Range
1/1/1975 - 10/1/2012
Summary
The Leading Indicators OECD: Component Series: Exports of Goods: Original Series for Israel measures the volume of goods exported from Israel. This metric is a key indicator of economic health and trade 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
This series tracks the quantity of goods exported from Israel over time, providing insights into the country's international trade dynamics and manufacturing sector. It is a component of the OECD's broader leading economic indicator system.
Methodology
The data is collected through surveys of Israeli businesses and customs records.
Historical Context
Analysts and policymakers monitor this export trend to gauge Israel's trade competitiveness and overall economic performance.
Key Facts
- Israel is a major exporter of high-tech goods and services.
- Exports account for over 30% of Israel's GDP.
- Export volumes can fluctuate based on global demand and trade conditions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the volume of goods exported from Israel over time, providing insights into the country's international trade dynamics and manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export volumes is crucial for assessing Israel's trade competitiveness, economic health, and overall growth trajectory.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Israeli businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this export indicator to gauge Israel's trade performance and competitiveness, informing decisions on trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in reporting from source agencies.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Exports of Goods: Original Series for Israel (LOCOXGORILQ668S), retrieved from FRED.