International Merchandise Trade Statistics: Exports: Commodities for Australia
XTEXVA01AUM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,540,000,000.00
Year-over-Year Change
0.36%
Date Range
1/1/1955 - 5/1/2025
Summary
This economic indicator measures the value of commodities exported from Australia. It is a key metric for understanding Australia's international trade 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 International Merchandise Trade Statistics: Exports: Commodities for Australia series tracks the total value of physical goods and products exported from Australia to other countries. This data provides insights into Australia's trading relationships and the strength of its export-oriented economy.
Methodology
The data is collected and reported by the Australian Bureau of Statistics.
Historical Context
Policymakers and analysts use this export data to assess Australia's trade balance, international competitiveness, and export-driven economic growth.
Key Facts
- Australia is the 13th largest exporter globally.
- Commodities account for over two-thirds of Australia's total exports.
- China is Australia's largest export destination, receiving over one-third of its exports.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of physical goods and products exported from Australia to other countries. It provides insights into Australia's international trade patterns and export-driven economic activity.
Q: Why is this trend relevant for users or analysts?
A: Export data is a key metric for assessing a country's international trade performance, competitiveness, and contribution to economic growth. Policymakers and analysts use this information to monitor Australia's trade balance, international market share, and export-oriented industries.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Governments and central banks use export data to inform trade policies, exchange rate management, and strategies to support export-driven economic growth. Market analysts also closely monitor export trends to assess a country's international competitiveness and trade relationships.
Q: Are there update delays or limitations?
A: The data is published monthly by the Australian Bureau of Statistics, with a typical 2-3 month delay from the reference period.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Australia (XTEXVA01AUM664N), retrieved from FRED.