International Merchandise Trade Statistics: Exports: Commodities for Hungary
Growth rate same period previous year, Monthly, Seasonally Adjusted
XTEXVA01HUM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.49
Year-over-Year Change
-167.77%
Date Range
1/1/1991 - 6/1/2025
Summary
This economic trend measures the year-over-year growth rate of exports of goods and services on a monthly basis, with seasonal adjustments applied. It provides valuable insights into the performance of the U.S. export sector.
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 growth rate same period previous year trend tracks the annualized change in U.S. exports of goods and services compared to the same month a year earlier. It offers economists and policymakers a timely indicator of the country's trade dynamics and global competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of U.S. businesses and trade statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to assess the health of the U.S. economy and inform policy decisions.
Key Facts
- The U.S. exported over $2.5 trillion in goods and services in 2022.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports, receiving over $150 billion in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of U.S. exports of goods and services on a monthly basis, with seasonal adjustments applied.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance of the U.S. export sector, which is a key driver of economic growth and a vital component of the country's trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of U.S. businesses and trade statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other economic institutions to assess the health of the U.S. economy and inform policy decisions related to international trade and competitiveness.
Q: Are there update delays or limitations?
A: The data is released by the Bureau of Economic Analysis on a monthly basis, with a typical delay of 2-3 months between the reference period and the release.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (XTEXVA01HUM659S), retrieved from FRED.