Real Exports of Services for Australia
Quarterly, Not Seasonally Adjusted
NXSRNSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,139.00
Year-over-Year Change
90.34%
Date Range
7/1/1971 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted trade balance between the United States and Canada. It is a key indicator of the commercial relationship between the two North American economies.
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 trade balance between the U.S. and Canada, including goods and services, is an important statistic for understanding the cross-border flow of products and assessing the overall economic integration between the two countries.
Methodology
The data is collected and reported quarterly by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and market analysts closely monitor this trade metric to gauge the health of the U.S.-Canada commercial relationship.
Key Facts
- The U.S. typically runs a trade surplus with Canada.
- Trade between the two countries exceeds $1.7 trillion annually.
- Canada is the U.S.'s largest export market and second-largest import source.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarterly trade balance between the United States and Canada, including both goods and services.
Q: Why is this trend relevant for users or analysts?
A: The U.S.-Canada trade relationship is a critical component of North American economic integration, so this data is closely watched by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is reported quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Governments and central banks analyze this metric to assess the health of cross-border commercial ties and guide economic and trade policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NXSRNSAXDCAUQ), retrieved from FRED.