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U.S. export prices up 10.8 percent over the year ended August 2022

September 22, 2022

U.S. export prices increased 10.8 percent from August 2021 to August 2022. Export agricultural prices advanced 12.1 percent over the past year, the smallest 12-month increase since January 2021. Higher soybeans prices were the largest contributor to the rise in agricultural prices over the past year.

U.S. export price indexes for selected categories, 12-month percent change
Month All exports Agricultural exports Nonagricultural exports Foods, feeds, and beverages Industrial supplies and materials Capital goods Automotive vehicles, parts and engines Consumer goods, excluding automotives

Aug 2017

2.3% 1.7% 2.4% 2.2% 6.3% 1.1% 0.7% -1.1%

Sep 2017

2.8 2.1 2.8 2.5 7.8 1.1 0.6 -1.3

Oct 2017

2.7 3.6 2.6 4.2 5.9 1.7 0.5 -0.8

Nov 2017

3.1 2.1 3.3 2.3 8.0 1.7 0.4 -0.5

Dec 2017

2.8 1.9 2.8 2.3 6.0 1.7 0.6 0.6

Jan 2018

3.3 1.5 3.5 1.5 7.6 1.7 0.5 1.7

Feb 2018

3.1 0.7 3.4 0.7 7.3 1.6 0.7 1.9

Mar 2018

3.4 2.8 3.5 2.9 7.5 1.4 0.8 1.8

Apr 2018

3.7 1.6 3.9 1.0 8.3 2.0 0.8 1.6

May 2018

5.0 4.8 4.9 4.3 11.9 2.0 0.9 1.5

Jun 2018

5.3 5.3 5.3 4.8 12.9 1.9 0.9 1.2

Jul 2018

4.3 -1.9 5.0 -2.2 12.1 1.9 0.8 0.8

Aug 2018

3.6 -1.5 4.1 -1.7 9.5 1.9 0.6 0.5

Sep 2018

2.7 -2.1 3.3 -2.4 6.9 1.9 0.7 0.5

Oct 2018

3.1 -4.1 3.9 -4.3 9.4 1.4 0.6 0.5

Nov 2018

1.8 -1.7 2.2 -1.6 4.1 1.4 0.6 0.5

Dec 2018

1.1 2.3 1.0 2.6 0.9 1.3 0.7 0.3

Jan 2019

-0.2 0.1 -0.2 0.8 -2.8 1.5 0.4 0.1

Feb 2019

0.2 -0.3 0.3 0.3 -1.4 1.6 0.7 0.2

Mar 2019

0.6 -2.4 0.9 -1.7 0.4 1.6 0.6 0.2

Apr 2019

0.2 -2.7 0.5 -2.2 -0.3 1.0 0.6 0.4

May 2019

-0.9 -5.3 -0.3 -4.3 -2.7 0.9 0.4 0.4

Jun 2019

-1.6 -2.0 -1.5 -0.6 -6.1 0.9 0.5 0.6

Jul 2019

-0.9 3.5 -1.5 4.5 -5.5 0.7 0.4 0.9

Aug 2019

-1.4 0.6 -1.6 1.8 -6.1 0.6 0.3 0.8

Sep 2019

-1.7 0.2 -1.9 1.6 -6.7 0.6 0.0 0.6

Oct 2019

-2.2 2.0 -2.7 3.1 -8.3 0.5 -0.1 0.5

Nov 2019

-1.3 2.7 -1.7 3.5 -5.7 0.5 0.0 0.5

Dec 2019

-0.9 -1.2 -0.8 -0.4 -3.1 0.5 -0.3 0.5

Jan 2020

0.4 3.1 0.2 3.9 -0.6 0.5 0.2 0.7

Feb 2020

-1.4 -0.1 -1.6 0.7 -5.4 0.5 -0.3 0.5

Mar 2020

-3.5 -2.4 -3.7 -2.0 -10.7 0.7 -0.3 -0.2

Apr 2020

-7.0 -4.3 -7.2 -3.4 -20.2 0.7 -0.5 -0.7

May 2020

-6.7 -3.7 -7.0 -2.7 -19.4 0.6 -0.5 -1.0

Jun 2020

-4.5 -4.5 -4.5 -4.4 -12.5 0.5 -0.6 -1.3

Jul 2020

-3.7 -3.1 -3.8 -3.0 -10.7 0.8 -0.6 -1.3

Aug 2020

-2.7 -2.9 -2.6 -3.0 -7.7 0.7 -0.4 -0.9

Sep 2020

-1.8 1.4 -2.2 1.2 -6.6 0.6 -0.3 0.0

Oct 2020

-1.7 3.2 -2.1 3.2 -6.8 0.7 0.2 0.4

Nov 2020

-1.0 4.3 -1.6 4.3 -4.8 0.6 0.4 -0.3

Dec 2020

0.4 5.4 -0.1 5.2 -1.0 0.5 0.7 0.1

Jan 2021

2.5 9.6 1.6 8.7 4.1 0.6 0.5 -0.5

Feb 2021

5.4 15.9 4.3 14.9 11.7 0.7 0.5 -0.5

Mar 2021

9.6 20.4 8.4 20.0 23.2 0.7 0.6 0.9

Apr 2021

15.0 25.5 13.7 24.8 40.8 1.1 1.0 1.3

May 2021

17.6 33.7 15.8 33.1 46.6 1.3 0.8 2.3

Jun 2021

16.9 33.4 15.1 33.7 41.2 1.8 1.0 3.3

Jul 2021

17.0 29.1 15.6 29.1 41.8 2.0 1.7 2.8

Aug 2021

16.6 33.2 14.8 33.1 39.0 2.2 1.8 2.4

Sep 2021

16.3 27.6 15.1 27.3 39.5 2.6 1.8 1.4

Oct 2021

18.3 24.7 17.6 24.0 46.0 3.1 1.9 1.4

Nov 2021

18.1 21.9 17.7 20.5 45.0 3.5 1.8 2.5

Dec 2021

14.9 21.5 14.1 20.2 33.9 3.8 2.0 2.6

Jan 2022

15.0 18.0 14.6 17.3 32.3 4.2 2.3 4.3

Feb 2022

16.8 18.2 16.6 17.7 35.7 4.3 2.7 4.8

Mar 2022

18.4 20.6 18.1 20.1 37.2 4.5 3.5 4.9

Apr 2022

18.2 21.2 17.8 20.3 35.7 4.8 4.0 5.3

May 2022

18.6 16.9 18.9 15.7 36.8 4.9 4.6 4.3

Jun 2022

18.5 15.3 19.0 13.3 37.4 4.4 4.6 3.4

Jul 2022

12.9 13.5 12.9 11.9 23.1 4.7 4.7 3.6

Aug 2022

10.8 12.1 10.7 10.4 18.6 4.4 4.6 4.0

Prices for nonagricultural exports increased 10.7 percent for the year ended in August. Consumer goods prices rose 4.0 percent from August 2021 to August 2022.

These data are from the International Price program and are not seasonally adjusted. To learn more, see "U.S. Import and Export Price Indexes — August 2022." Also see more charts on U.S. import and export prices. Export price changes may be revised in each of the 3 months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, U.S. export prices up 10.8 percent over the year ended August 2022 at https://www.bls.gov/opub/ted/2022/u-s-export-prices-up-10-8-percent-over-the-year-ended-august-2022.htm (visited May 04, 2024).

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