Nominal Exports of Goods for Australia
Quarterly, Not Seasonally Adjusted
NXGNSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127,662.00
Year-over-Year Change
-2.76%
Date Range
7/1/1971 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted series tracks the U.S. balance of trade for goods, without seasonal adjustment. This metric is a key indicator of the nation's trade dynamics and global economic competitiveness.
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 represents the quarterly value of U.S. goods exports minus goods imports, reported on a not seasonally adjusted basis. It provides an unfiltered view of the nation's trade flows, which economists and policymakers analyze to assess economic performance and formulate trade policy.
Methodology
The data is collected and calculated by the U.S. Census Bureau using information from customs declarations and shipping manifests.
Historical Context
Policymakers and market analysts closely monitor this trade balance metric to gauge the U.S. economic outlook and competitiveness.
Key Facts
- The U.S. has run a goods trade deficit every quarter since 1976.
- China is the largest source of the U.S. goods trade deficit.
- Trade balances are influenced by exchange rates, domestic demand, and global supply chains.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarterly value of U.S. goods exports minus goods imports, without seasonal adjustment.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of the U.S. economy's global competitiveness and can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from customs declarations and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor the trade balance to assess the economic outlook and formulate trade policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and the not seasonally adjusted figures can be volatile.
Related Trends
Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Australia
BSCICP03AUM665S
Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Australia
AUSPERMITMISMEI
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Australia
LRAC24TTAUM156S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Australia
LRHUTTMAAUQ156S
Interest Rates, Government Securities, Government Bonds for Australia
INTGSBAUM193N
Real Exports of Goods and Services for Australia
NXRSAXDCAUQ
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NXGNSAXDCAUQ), retrieved from FRED.