Trade Data

Trade data refers to the statistical information that captures the exchange of goods and services between countries. It includes details such as the volume and value of imports and exports, the types of products traded, and the trading partners involved. This data is crucial for understanding economic relationships, tracking economic performance, and informing government policies. Analysts use trade data to identify trends, assess trade balances, and make predictions about market behavior. In essence, it provides a snapshot of how countries interact economically through trade, impacting everything from jobs to consumer prices.