International Merchandise Trade Statistics: Exports: Commodities for Luxembourg
Growth rate same period previous year, Monthly, Seasonally Adjusted
XTEXVA01LUM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.16
Year-over-Year Change
-251.34%
Date Range
1/1/1989 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate in exports of goods and services, providing insight into the strength of international trade.
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 is a key indicator of the momentum in a country's exports. It compares the current month's exports to the same month in the prior year, offering a perspective on how export volumes are changing over time.
Methodology
The data is collected through surveys of businesses and government agencies involved in international trade.
Historical Context
Policymakers and analysts use this metric to assess the health of the overall economy and the competitive position of domestic industries in global markets.
Key Facts
- Exports account for over 12% of U.S. GDP.
- The U.S. is the world's second-largest exporter of goods and services.
- Export growth is a key driver of overall economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in exports of goods and services from the United States.
Q: Why is this trend relevant for users or analysts?
A: Export growth is a critical indicator of a country's international competitiveness and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and government agencies involved in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the export sector and inform decisions around trade, tariffs, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (XTEXVA01LUM659S), retrieved from FRED.