Rest of the World; U.S. Exports, Transactions

ROWUSEA027N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,180,241.00

Year-over-Year Change

43.40%

Date Range

1/1/1946 - 1/1/2024

Summary

This economic trend measures the value of U.S. exports to the rest of the world. It is an important indicator of international trade dynamics and the health of the U.S. economy.

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 'Rest of the World; U.S. Exports, Transactions' series tracks the dollar value of goods and services exported from the United States to global markets. This metric provides insight into American competitiveness and the strength of external demand for U.S. products.

Methodology

The data is collected by the U.S. Bureau of Economic Analysis based on surveys of international trade activity.

Historical Context

Economists and policymakers closely monitor U.S. export trends to assess the impact of trade policies and global economic conditions.

Key Facts

  • U.S. exports totaled over $2.5 trillion in 2021.
  • Exports account for about 12% of U.S. GDP.
  • China is the largest destination for U.S. exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services exported from the United States to international markets, providing insight into American trade dynamics.

Q: Why is this trend relevant for users or analysts?

A: U.S. export data is closely watched by economists, policymakers, and businesses to assess the health of the American economy and the impact of trade policies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Bureau of Economic Analysis based on surveys of international trade activity.

Q: How is this trend used in economic policy?

A: Economists and government officials use U.S. export data to inform trade negotiations, evaluate the impacts of tariffs and other policies, and predict broader economic conditions.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of several weeks, and may be subject to periodic revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Rest of the World; U.S. Exports, Transactions (ROWUSEA027N), retrieved from FRED.