International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic
SVKXTEXVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,097,370,000.00
Year-over-Year Change
4.52%
Date Range
12/1/1992 - 4/1/2025
Summary
The International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic tracks the total value of goods exported from Slovakia. This metric is important for analyzing the country's trade balance and 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 series measures the total value of exported goods from Slovakia, broken down by commodity type. It provides insights into the structure and trends of the country's export trade, which is a key driver of economic growth and development.
Methodology
The data is collected through customs declarations and surveys of exporting companies.
Historical Context
This export data is widely used by policymakers, economists, and market analysts to assess Slovakia's trade position and the performance of its exporting industries.
Key Facts
- Slovakia is a major exporter of machinery, vehicles, and electrical equipment.
- Exports account for over 90% of Slovakia's GDP.
- China is one of Slovakia's largest export markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods exported from Slovakia, broken down by commodity type.
Q: Why is this trend relevant for users or analysts?
A: This export data provides key insights into Slovakia's trade position and the performance of its exporting industries, which are crucial drivers of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this export data to assess Slovakia's trade position and competitiveness, and to inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data is subject to typical publication lags, but provides a comprehensive view of Slovakia's merchandise exports.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic (SVKXTEXVA01CXMLM), retrieved from FRED.