Price Level of Exports for Taiwan Province of China
PLXCPPTWA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
13.23%
Date Range
1/1/1951 - 1/1/2019
Summary
The Price Level of Exports for Taiwan Province of China is an important economic indicator that tracks the average price of goods and services exported from Taiwan. This metric is closely watched by economists and policymakers to assess Taiwan's international trade 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
The Price Level of Exports for Taiwan Province of China measures changes in the average price level of goods and services exported from Taiwan to other countries. This index is used to analyze Taiwan's export price dynamics and evaluate its export sector's performance in global markets.
Methodology
The data is collected and calculated by Taiwan's Directorate-General of Budget, Accounting and Statistics.
Historical Context
Trends in this index provide insights into Taiwan's international trade position and can inform economic policy decisions.
Key Facts
- Taiwan is a major exporter, accounting for over $300 billion in annual exports.
- The price level of exports is an important metric for Taiwan's economic growth and competitiveness.
- Export prices can be influenced by factors like exchange rates, production costs, and global demand.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Taiwan Province of China measures the average price of goods and services exported from Taiwan to other countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Taiwan's export competitiveness and can inform economic policy decisions related to international trade.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Taiwan's Directorate-General of Budget, Accounting and Statistics.
Q: How is this trend used in economic policy?
A: Trends in this index can inform policies related to Taiwan's export sector, exchange rates, and international trade agreements.
Q: Are there update delays or limitations?
A: The data is published regularly by the Taiwanese government, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Price Level of Exports for Taiwan Province of China (PLXCPPTWA670NRUG), retrieved from FRED.