|A country’s exports reflect the value of goods and services that were shipped to another country|
It is one of the two components of a country’s trade balance (imports being the other). Export data gives valuable insight into economic competitiveness, inflationary pressures, foreign demand for domestic goods and pressures on a country’s currency.
Interpreting Export Data
There are many methods in which a country’s export data is interpreted. For countries that are heavily export oriented, national exports serve as an obvious gauge for the health and possibly the competitiveness of a large part of their economy.