International Merchandise Trade Statistics: Exports: Commodities for United States
XTEXVA01USM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,259,000,000.00
Year-over-Year Change
6.17%
Date Range
1/1/1955 - 5/1/2025
Summary
This trend measures the value of U.S. exports of merchandise by commodity. It provides insights into the composition and dynamics of U.S. international trade, which is a key indicator of economic activity and global competitiveness.
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 United States tracks the monetary value of goods and services exported from the U.S. to other countries, broken down by different product categories. This data is used by economists, policymakers, and businesses to analyze trade patterns, identify growth opportunities, and evaluate the impact of economic policies.
Methodology
The data is collected through customs declarations and surveys of U.S. exporters.
Historical Context
This trend is widely used to assess the health of the U.S. economy and its engagement in global markets.
Key Facts
- The U.S. is the world's second-largest exporter of goods and services.
- Machinery, vehicles, and chemicals are among the top U.S. export commodities.
- U.S. merchandise exports have grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of U.S. exports of merchandise by different commodity categories, providing insights into the composition and dynamics of U.S. international trade.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and businesses to analyze trade patterns, identify growth opportunities, and evaluate the impact of economic policies on the U.S. economy's global engagement.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and institutions to assess the health of the U.S. economy and its participation in global markets, which informs trade policies and negotiations.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of several weeks from the end of the reporting period.
Related Trends
Number of Listed Companies for United States
DDOM01USA644NWDB
Consumer Price Index: Harmonized Prices: All Items: Total for United States
CPHPTT01USM657N
Projection of General government gross debt for United States
GGGDTPUSA188N
Production: Manufacturing: Total Manufacturing for United States
USAPRMNTO01GYSAQ
Work Started: Construction: Dwellings and Residential Buildings: Total for United States
WSCNDW01USQ659S
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for United States
CRDQUSANABIS
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for United States (XTEXVA01USM667S), retrieved from FRED.