International Merchandise Trade Statistics: Exports: Commodities for Luxembourg
XTEXVA01LUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.39
Year-over-Year Change
-37.71%
Date Range
1/1/1989 - 1/1/2024
Summary
This economic trend measures the value of exported goods and commodities from Luxembourg. It provides insights into the country's international trade and export activities, which are crucial indicators of its economic performance and integration in global markets.
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 Luxembourg tracks the total value of goods and commodities exported from Luxembourg to other countries. This data is widely used by economists, policymakers, and market analysts to assess Luxembourg's trade balance, competitiveness, and integration into global supply chains.
Methodology
The data is collected and reported by the Luxembourg national statistical office based on customs records and other administrative sources.
Historical Context
This export data is an important input for evaluating Luxembourg's economic policies, trade agreements, and competitiveness in international markets.
Key Facts
- Luxembourg is a major exporter of goods and commodities.
- Export values have grown steadily over the past decade.
- The top exported commodities include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and commodities exported from Luxembourg to other countries. It provides insights into Luxembourg's international trade activities and export performance.
Q: Why is this trend relevant for users or analysts?
A: This export data is crucial for evaluating Luxembourg's economic policies, trade agreements, and competitiveness in global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Luxembourg national statistical office based on customs records and other administrative sources.
Q: How is this trend used in economic policy?
A: This export data is an important input for policymakers, economists, and market analysts when assessing Luxembourg's trade balance, economic performance, and integration into global supply chains.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions as more complete information becomes available.
Related Trends
Consumer Price Index: Harmonized Prices: Food and Non-Alcoholic Beverages (COICOP 01): Total for Luxembourg
LUXCPHP0100GPM
Labor Compensation: Earnings: Manufacturing: Hourly for Luxembourg
LCEAMN01LUM659S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Luxembourg
LUXCPHP0600GYM
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Luxembourg
LUXCP010000IXNBM
Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Luxembourg
LUXPERMITAISMEI
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Luxembourg
LREM74MALUA156N
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Luxembourg (XTEXVA01LUA657S), retrieved from FRED.