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Import/Export Price Indexes
Bureau of Labor Statistics > Import/Export Price Indexes > Home

Mid-Atlantic: Price Movements of Top Exports and Other Highlights

July 2024

Photo of Independence Hall in Philadelphia, Pennsylvania

The Mid-Atlantic region, composed of Pennsylvania, Virginia, Maryland, Delaware, and the District of Columbia, exported a total trade dollar value of $100.3 billion in 2023, an increase of 1.0 percent from 2022. Export prices for chemical manufacturing, the largest export industry for the region, decreased in June. The export price index for transportation equipment manufacturing was unchanged for the month. Prices for export computer and electronic product manufacturing declined in June and machinery manufacturing export prices advanced.

Top Six Mid-Atlantic Exports by Trade Dollar Value, 2023

  • Overall exports from the Mid-Atlantic represented 5.0 percent of the U.S. total export trade dollar value in 2023.
  • Mid-Atlantic chemical manufacturing exports accounted for 7.4 percent of the industry's total U.S. exports by trade dollar value in 2023.
  • The top 6 export industries from the Mid-Atlantic accounted for 60.1 percent of the region's total 2023 export trade dollar value.
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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.
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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.
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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.
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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.
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Mid-Atlantic Information Office • BLSInfoPhiladelphia@bls.gov • https://www.bls.gov/regions/mid-atlantic/ • 215-597-3282 

 

Last Modified Date: July 19, 2024