Merchandise exports (current US$)

This indicator captures the free on board (f.o.b.) value of goods sold by a country to international markets, expressed in current U.S. dollars. By focusing on the monetary valuation of merchandise at the point of export, it provides a clear snapshot of a nation's trade performance and global market integration. Additionally, analyzing this data over time offers insights into trends such as economic growth, competitive advantage in specific sectors, and the impact of currency fluctuations on international pricing. Furthermore, tracking these exports can help policymakers identify strengths and weaknesses in trade relationships, influence economic strategies, and support the development of export-oriented industries. Source: