International Merchandise Trade Statistics: Exports: Commodities for India
Growth rate same period previous year, Monthly
XTEXVA01INM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.03
Year-over-Year Change
-906.79%
Date Range
1/1/1991 - 4/1/2025
Summary
This economic indicator measures the year-over-year growth rate of nominal exports from the United States on a monthly basis. It provides insight into the strength and trajectory of U.S. international trade 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 Growth rate same period previous year, Monthly series tracks the annual percent change in the total value of U.S. exports of goods and services. This metric is closely watched by economists and policymakers to gauge the health of the U.S. economy and its position in global trade dynamics.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of international trade transactions.
Historical Context
This export growth metric is used to inform trade, monetary, and fiscal policies by the Federal Reserve, Congress, and the White House.
Key Facts
- U.S. exports grew 10.2% year-over-year in March 2023.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year percent change in the total value of U.S. exports of goods and services on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The export growth rate is a key metric for assessing the strength of the U.S. economy and its trade position globally. It informs policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: The export growth rate is used by the Federal Reserve, Congress, and the White House to inform trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (XTEXVA01INM659S), retrieved from FRED.