An official website of the United States government
United States Department of Labor
United States Department of Labor
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure.
The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
Import/Export Price Indexes
SHARE ON:
Recent Price Trends in the Motor Vehicle Parts Industry
An overview of Motor Vehicle Parts Manufacturing price indexes
2026
U.S. Import and Export Price Indexes contain data on changes in the prices of nonmilitary goods and services traded between the United States and the world. The U.S. Bureau of Labor Statistics produces these indexes, which are Principal Federal Economic Indicators.
Q: How have import motor vehicle parts prices trended over the 2023–2025 period? (See chart 1)
- The import price index for motor vehicle parts manufacturing advanced 3.6 percent from December 2022 to December 2025. The index ticked up 0.1 percent for the year ended December 2023 and advanced 3.5 percent in 2024. Import motor vehicle parts manufacturing prices recorded no change from December 2024 to December 2025.
- The price index for import motor vehicle parts manufacturing has not recorded an annual decline since falling 0.8 percent for the year ended December 2019.
- Higher prices for motor vehicle electrical and electronic equipment manufacturing drove the price advance for import motor vehicle parts manufacturing in 2024.
Q: How did import motor vehicle parts prices compare with other economic data? (See chart 1)
- Import prices for motor vehicle parts manufacturing trended similarly to producer prices for the 3-year period ended December 2025. Prices for export motor vehicle parts manufacturing trended higher than both import and producer prices over the same period.
- The motor vehicle parts producer price index increased 1.3 percent in 2023. The index continued this upward trend, rising 0.8 percent in 2024 and 2.2 percent in 2025. Producer prices rose 4.4 percent over the 3-year period ended December 2025.
Q: How have export motor vehicle parts prices trended over the 2023–2025 period? (See chart 1)
- Export motor vehicle parts manufacturing prices rose 12.1 percent from December 2022 to December 2025. Prices increased 5.5 percent in 2023. Export prices for motor vehicle parts manufacturing rose 3.3 percent in 2024 and advanced 2.8 percent in 2025.
- Higher prices for motor vehicle gasoline engine and engine parts manufacturing contributed to the increase in motor vehicle parts manufacturing export prices from December 2022 to December 2025.
Q: What are the top six exporting states and territories for motor vehicle parts manufacturing? (See chart 2)
- The total trade value of motor vehicle parts manufacturing exports was $61.5 billion in 2025, 0.1 percent lower than 2024. The top 6 exporting states accounted for 57.9 percent of this value.
- Michigan ranked first in the United States in 2025 with $10.5 billion in export trade value, contributing 17.0 percent of total U.S. motor vehicle parts manufacturing exports.
- Texas ranked second with $8.2 billion in trade value, accounting for 13.3 percent of the U.S. total. Ohio ranked third with $5.7 billion in export trade value, or 9.2 percent of the total from the United States.
Q: How are import and export price indexes useful to you?
Import and export price indexes can provide a new perspective for your trade analyses. Although many sources report domestic market prices and trade volume, IPP data are unique in measuring import and export price movement.
For example, if you are involved in the motor vehicle parts industry and are considering conducting business overseas, IPP motor vehicle parts manufacturing indexes can supplement your industry research by providing long-term import and export price trends.
Q: How are import and export price indexes used?
Import and export price indexes are used for a variety of purposes:
- In the conversion of U.S. trade figures from current dollars to constant dollars in U.S. trade statistics including the Bureau of Economic Analysis’ Quarterly Gross Domestic Product and the Census Bureau’s monthly U.S. trade statistics.
- To assess the impact of international trade on domestic inflation and the competitive position of the United States.
- As a tool for analyzing fiscal and monetary policy, measuring the impact of exchange rates, and escalating trade contracts.
- To identify industry-specific and global price trends.
Last Modified Date: August 28, 2026