Import/Export Price Indexes
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Georgia: Price Movements of Top Exports and Other Highlights
July 2024
Exports from Georgia totaled $49.8 billion in 2023, up 5.1 percent from 2022. The price index for the largest export industry in Georgia, transportation equipment manufacturing, was unchanged in June. Export prices for computer and electronic product manufacturing and chemical manufacturing decreased over the same period, and machinery manufacturing export prices rose.
Top Six Georgia Exports by Trade Dollar Value, 2023
- Overall exports from Georgia represented 2.5 percent of the U.S. total export trade dollar value in 2023.
- Georgia accounted for 4.2 percent of total U.S. exports of transportation equipment manufacturing by trade dollar value in 2023.
- The top 6 export industries from Georgia accounted for 68.6 percent of the state’s total 2023 export trade dollar value.
U.S. Export Price Indexes: Transportation Equipment Manufacturing
- The price index for export transportation equipment manufacturing was unchanged in June.
- Transportation equipment manufacturing export prices rose 4.0 percent for the 12 months ended June 2024.
- A 4.6-percent increase in prices for motor vehicle parts manufacturing led the 12-month advance in prices for transportation equipment manufacturing.
U.S. Export Price Indexes: Machinery Manufacturing
- The price index for export machinery manufacturing rose 0.1 percent in June.
- Export machinery manufacturing prices increased 2.3 percent from June 2023 to June 2024.
- A 2.8-percent advance in prices for agriculture, construction, and mining machinery manufacturing contributed to the 12-month rise in prices for machinery manufacturing.
U.S. Export Price Indexes: Computer and Electronic Product Manufacturing
- Computer and electronic product manufacturing export prices fell 0.1 percent in June.
- Despite the monthly decline, export computer and electronic product manufacturing prices increased 0.5 percent for the 12 months ended June 2024.
- A 1.2-percent rise in prices for navigational, measuring, electromedical and control instruments drove the 12-month advance in the price index for computer and electronic product manufacturing.
U.S. Export Price Indexes: Chemical Manufacturing
- Export chemical manufacturing prices decreased 0.4 percent in June.
- The price index for chemical manufacturing exports declined 2.7 percent over the past year.
- A 7.5-percent decrease in prices for pharmaceutical preparation manufacturing led the 12-month decline in prices for chemical manufacturing.
Southeast Information Office • BLSInfoAtlanta@bls.gov • https://www.bls.gov/regions/southeast/ • 404-893-4222
Last Modified Date: July 19, 2024