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Import/Export Price Indexes
MXP MXP Program Links
Table 9. U.S. terms of trade indexes and percent changes by locality: April 2023 to April 2024(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Jan.
2024		 Feb.
2024		 Mar.
2024		 Apr.
2024		 Annual Monthly
Apr.
2023
to
Apr.
2024		 Dec.
2023
to
Jan.
2024		 Jan.
2024
to
Feb.
2024		 Feb.
2024
to
Mar.
2024		 Mar.
2024
to
Apr.
2024

Industrialized Countries(2)

 102.7 (r)102.7 (r)102.4 102.3 0.5 0.2 (r)0.0 (r)-0.3 -0.1

Canada

 100.8 (r)100.0 (r)99.2 97.9 0.6 -1.0 (r)-0.8 (r)-0.8 -1.3

European Union

 (r)101.5 (r)102.7 (r)104.0 104.8 1.8 (r)0.5 1.2 (r)1.3 0.8

Germany

 (r)113.6 113.5 (r)114.0 114.9 6.8 (r)3.8 (r)-0.1 (r)0.4 0.8

Latin America(3)

 (r)105.7 (r)106.4 (r)106.0 106.4 -3.4 (r)0.1 (r)0.7 (r)-0.4 0.4

Mexico

 107.4 (r)107.6 107.3 108.1 -4.6 -0.6 (r)0.2 (r)-0.3 0.7

Pacific Rim(4)

 (r)109.0 (r)110.2 (r)110.4 111.5 0.5 (r)0.8 1.1 (r)0.2 1.0

China

 106.1 (r)106.4 (r)106.8 108.2 -1.0 -0.9 (r)0.3 (r)0.4 1.3

Japan

 (r)102.2 (r)103.9 (r)102.9 105.2 -4.6 (r)-0.4 (r)1.7 (r)-1.0 2.2

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(r) Revised

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available

 

Last Modified Date: May 16, 2024