Real Exports of Goods and Services for Turkey
NXRSAXDCTRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137,965.97
Year-over-Year Change
0.09%
Date Range
1/1/1998 - 1/1/2025
Summary
The Real Exports of Goods and Services for Turkey measures the quantity of goods and services exported from Turkey, adjusted for inflation. This metric is a key indicator of the country's trade balance and economic performance.
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 Real Exports of Goods and Services for Turkey represents the total volume of exports from Turkey, including both goods and services, with the effects of price changes removed. This trend is widely used by economists and policymakers to assess Turkey's international trade dynamics and competitiveness.
Methodology
The data is collected and calculated by the Turkish Statistical Institute based on national accounts information.
Historical Context
Policymakers and analysts monitor this trend to understand Turkey's trade position and the impact of factors like exchange rates, tariffs, and global demand.
Key Facts
- Turkey is the 19th largest exporter globally.
- Exports account for over 20% of Turkey's GDP.
- Turkey's top export partners are Germany, Italy, and the United Kingdom.
FAQs
Q: What does this economic trend measure?
A: The Real Exports of Goods and Services for Turkey measures the quantity of goods and services exported from Turkey, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists and policymakers to assess Turkey's international trade dynamics and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Turkish Statistical Institute based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand Turkey's trade position and the impact of factors like exchange rates, tariffs, and global demand.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revisions of the Turkish Statistical Institute.
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Citation
U.S. Federal Reserve, Real Exports of Goods and Services for Turkey (NXRSAXDCTRQ), retrieved from FRED.