Nominal Imports of Goods and Services for France
NMSAXDCFRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
252,887.50
Year-over-Year Change
5.34%
Date Range
1/1/1980 - 1/1/2025
Summary
The Nominal Imports of Goods and Services for France measures the total value of all goods and services purchased from other countries by French consumers, businesses, and the government. This metric is an important indicator of France's international trade and economic 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
The Nominal Imports of Goods and Services for France represents the current market value of all merchandise and services imported into France from foreign countries. This series is a key component in calculating France's trade balance and understanding its participation in the global economy.
Methodology
The data is collected by France's National Institute of Statistics and Economic Studies through surveys of importers and customs records.
Historical Context
Policymakers and economists use this import data to assess France's economic health, competitiveness, and exposure to international markets.
Key Facts
- France is the world's 6th largest importer of goods and services.
- Imports account for over 30% of France's GDP.
- Consumer goods make up the largest share of French imports.
FAQs
Q: What does this economic trend measure?
A: The Nominal Imports of Goods and Services for France measures the total current market value of all merchandise and services imported into the country from foreign sources.
Q: Why is this trend relevant for users or analysts?
A: This import data is a crucial indicator of France's participation in global trade, consumer demand, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected by France's National Institute of Statistics and Economic Studies through surveys of importers and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this import data to assess France's economic health, competitiveness, and exposure to international markets.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-3 month delay, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Nominal Imports of Goods and Services for France (NMSAXDCFRQ), retrieved from FRED.