International Merchandise Trade Statistics: Imports: Commodities for France
XTIMVA01FRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.09
Year-over-Year Change
-17.88%
Date Range
1/1/1971 - 1/1/2024
Summary
This economic indicator tracks France's imports of commodities, providing insights into the country's trade dynamics and international economic relationships.
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: Imports: Commodities for France series measures the value of physical goods imported into France from other countries. This data is crucial for understanding France's trade balance, assessing its role in global supply chains, and informing economic policymaking.
Methodology
The data is collected and compiled by national statistical agencies in accordance with international standards.
Historical Context
Policymakers and analysts use this data to monitor France's trade performance and competitiveness in global markets.
Key Facts
- France is one of the largest economies in the European Union.
- Commodity imports account for a significant portion of France's total imports.
- Trade data is crucial for policymakers to assess economic performance and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of physical goods imported into France from other countries, specifically in the commodities category.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding France's trade balance, assessing its role in global supply chains, and informing economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected and compiled by national statistical agencies in accordance with international standards.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor France's trade performance and competitiveness in global markets.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publishing schedules of the relevant national statistical agencies.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for France (XTIMVA01FRA657S), retrieved from FRED.