International Merchandise Trade Statistics: Exports: Commodities for Czechia
XTEXVA01CZQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,569,657,000,000.00
Year-over-Year Change
18.24%
Date Range
1/1/1991 - 1/1/2025
Summary
This economic indicator tracks the value of commodity exports from Czechia, providing insights into the country's international trade activity 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 Czechia series measures the total value of goods and commodities exported from Czechia to other countries. This data is used by economists and policymakers to analyze Czechia's trade balance, competitiveness, and integration into global supply chains.
Methodology
The data is collected and compiled by national statistical agencies based on customs declarations and surveys.
Historical Context
Trends in Czechia's commodity exports are closely monitored by international organizations, governments, and market participants to assess the country's economic health and trade dynamics.
Key Facts
- Czechia is a major exporter of machinery, vehicles, and electronics.
- Commodity exports account for over 80% of Czechia's total exports.
- Czechia's top export destinations include Germany, Poland, and Slovakia.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of goods and commodities exported from Czechia to other countries, providing insights into the country's international trade activities.
Q: Why is this trend relevant for users or analysts?
A: Trends in Czechia's commodity exports are closely monitored by economists, policymakers, and market participants to assess the country's economic performance, trade dynamics, and integration into global supply chains.
Q: How is this data collected or calculated?
A: The data is collected and compiled by national statistical agencies based on customs declarations and surveys.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to evaluate Czechia's trade balance, competitiveness, and the impact of trade policies on the country's economy.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the reference period, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Czechia (XTEXVA01CZQ664S), retrieved from FRED.