International Merchandise Trade Statistics: Exports: Commodities for Czechia
XTEXVA01CZA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.26
Year-over-Year Change
-172.20%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the value of exported commodities from Czechia, providing insight into the country's international trade patterns and economic activity.
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 Czechia track the dollar value of exports of various goods and products from the Czech Republic to international markets. This data is used by economists and policymakers to analyze Czechia's trade balance, export competitiveness, and integration into global supply chains.
Methodology
The data is collected by national statistical agencies and compiled by international organizations.
Historical Context
This trend is closely watched by trade analysts, central banks, and government agencies to assess the health of the Czech economy and its position in the global marketplace.
Key Facts
- Czechia is a major exporter of machinery, vehicles, and electrical equipment.
- Exports account for over 80% of Czechia's GDP.
- Germany is Czechia's largest trade partner.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exported commodities from Czechia to international markets, providing insights into the country's trade patterns and economic performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists, policymakers, and businesses to assess Czechia's export competitiveness, trade balance, and integration into global supply chains.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and compiled by international organizations.
Q: How is this trend used in economic policy?
A: Governments and central banks use this data to monitor the health of the Czech economy and inform trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the level of detail can vary across different commodity categories.
Related Trends
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Czechia
CZESARTQISMEI
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Czechia
LRHUTTTTCZM156S
Central government debt, total (% of GDP) for the Czech Republic
DEBTTLCZA188A
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Czech Republic
IGDSXECZM086NEST
Net migration for the Czech Republic
SMPOPNETMCZE
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing for Czechia
CZECPGRLH01GYM
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Czechia (XTEXVA01CZA659S), retrieved from FRED.