International Trade: Exports: Value (Goods): Total for Spain
XTEXVA01ESA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.40
Year-over-Year Change
64.83%
Date Range
1/1/1995 - 1/1/2022
Summary
This trend measures the total value of goods exported from Spain. It is an important indicator of Spain'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 Trade: Exports: Value (Goods): Total for Spain series tracks the monetary value of all physical goods exported from Spain to other countries. It is a key metric for analyzing Spain's trade balance, competitiveness, and integration into the global economy.
Methodology
The data is collected by Spain's statistical agency and reported to international organizations.
Historical Context
This export value trend is closely monitored by economists, policymakers, and businesses to assess Spain's trade dynamics and economic conditions.
Key Facts
- Spain is the 14th largest exporter globally.
- Exports account for over 30% of Spain's GDP.
- Top export categories include motor vehicles, machinery, and food products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all physical goods exported from Spain to other countries.
Q: Why is this trend relevant for users or analysts?
A: This export value trend is a key indicator of Spain's trade balance, economic competitiveness, and integration into the global economy.
Q: How is this data collected or calculated?
A: The data is collected by Spain's national statistical agency and reported to international organizations.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and businesses closely monitor this export value trend to assess Spain's trade dynamics and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, International Trade: Exports: Value (Goods): Total for Spain (XTEXVA01ESA188S), retrieved from FRED.