International Merchandise Trade Statistics: Exports: Commodities for Spain
XTEXVA01ESA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.41
Year-over-Year Change
-87.37%
Date Range
1/1/1967 - 1/1/2024
Summary
This economic trend measures Spain's exports of commodities in international merchandise trade. It is a key indicator of Spain's trade activity and global economic integration.
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 Spain tracks the value of Spain's exports of various commodity categories, providing insights into the composition and trends of the country's international trade. This data is widely used by economists, policymakers, and market analysts to assess Spain's trade performance and economic relationships.
Methodology
The data is collected and calculated by Spain's national statistical agency based on customs records and other reporting.
Historical Context
This trade data is important for understanding Spain's macroeconomic conditions, trade balance, and commercial relationships with other countries.
Key Facts
- Spain is the 14th largest exporter globally.
- Machinery and transport equipment are Spain's top exports.
- The U.S. and France are Spain's largest export markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of Spain's exports of various commodity categories, providing insights into the composition and trends of the country's international trade.
Q: Why is this trend relevant for users or analysts?
A: This trade data is important for understanding Spain's macroeconomic conditions, trade balance, and commercial relationships with other countries.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Spain's national statistical agency based on customs records and other reporting.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this data to assess Spain's trade performance and economic relationships.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publishing schedules of Spain's national statistical agency.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Spain (XTEXVA01ESA659S), retrieved from FRED.