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Import/Export Price Indexes

Georgia: Price Movements of Top Exports and Other Highlights

September 2024

Photo of a park and fountain in Savannah, Georgia

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, increased in August. Export prices for machinery manufacturing were unchanged for the month. Computer and electronic product manufacturing prices decreased in August, and chemical manufacturing export prices advanced.

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 ticked up 0.1 percent in August.
  • Transportation equipment manufacturing export prices rose 4.2 percent for the 12 months ended August 2024.
  • A 5.2-percent increase in prices for motor vehicle parts manufacturing contributed to the 12-month advance in prices for transportation equipment manufacturing.

U.S. Export Price Indexes: Machinery Manufacturing

  • The price index for export machinery manufacturing was unchanged in August.
  • Export machinery manufacturing prices increased 1.9 percent from August 2023 to August 2024.
  • A 2.0-percent advance in prices for industrial 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 0.8 percent in August.
  • The August drop in prices for computer and electronic product manufacturing was the largest since the index fell 0.8 percent in June 2010.
  • Export computer and electronic product manufacturing prices decreased 1.0 percent for the 12 months ended August 2024.

U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices rose 0.1 percent in August.
  • The price index for chemical manufacturing exports advanced 0.2 percent over the past year.
  • A 1.7-percent increase in prices for other basic inorganic chemical manufacturing led the rise in prices for chemical manufacturing from August 2023 to August 2024.

 

Southeast Information Office • BLSInfoAtlanta@bls.gov • https://www.bls.gov/regions/southeast/ • 404-893-4222 

 

Last Modified Date: September 24, 2024