International Trade: Exports: Value (Goods): Total for Turkey
XTEXVA01TRA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.36
Year-over-Year Change
93.82%
Date Range
1/1/1998 - 1/1/2022
Summary
The 'International Trade: Exports: Value (Goods): Total for Turkey' series measures the total value of goods exported from Turkey. This metric is important for understanding Turkey's trade balance and economic 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
This data series tracks the total U.S. dollar value of all goods exported from Turkey, including manufactured products, raw materials, and commodities. It is a key indicator of Turkey's global trade integration and economic competitiveness.
Methodology
The data is collected and reported by the Turkish Statistical Institute based on surveys of exporters and customs records.
Historical Context
Policymakers and analysts use this export data to assess Turkey's trade relationships, economic growth, and international market participation.
Key Facts
- Turkey is one of the world's top 20 exporting nations.
- Machinery and transportation equipment are Turkey's largest export categories.
- Turkey's main export partners are Germany, Iraq, and the United Kingdom.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of all goods exported from Turkey, including manufactured products, raw materials, and commodities.
Q: Why is this trend relevant for users or analysts?
A: The export data is an important indicator of Turkey's trade balance, economic growth, and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Turkish Statistical Institute based on surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this export data to assess Turkey's trade relationships and overall economic performance.
Q: Are there update delays or limitations?
A: The export data is typically published on a monthly basis with a short delay from the reference period.
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Citation
U.S. Federal Reserve, International Trade: Exports: Value (Goods): Total for Turkey (XTEXVA01TRA188S), retrieved from FRED.