Import/Export Price Indexes
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Mid-Atlantic: Price Movements of Top Exports and Other Highlights
January 2025
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 December. The export price index for machinery manufacturing also declined in December. Prices for export transportation equipment manufacturing advanced in December and computer and electronic product manufacturing export prices were unchanged over the same period.
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.
U.S. Export Price Indexes: Chemical Manufacturing
- Export chemical manufacturing prices declined 0.2 percent in December.
- The price index for chemical manufacturing exports advanced 0.8 percent over the past year.
- A 3.6-percent increase in prices for other basic inorganic chemical manufacturing led the rise in prices for chemical manufacturing from December 2023 to December 2024.
U.S. Export Price Indexes: Transportation Equipment Manufacturing
- The price index for export transportation equipment manufacturing advanced 0.2 percent in December.
- Transportation equipment manufacturing export prices rose 3.5 percent for the 12 months ended December 2024.
- A 3.2-percent rise in prices for motor vehicle parts manufacturing contributed to the 12-month advance in prices for transportation equipment manufacturing.
U.S. Export Price Indexes: Computer and Electronic Product Manufacturing
- Computer and electronic product manufacturing export prices were unchanged in December.
- The export price index for computer and electronic product manufacturing has not decreased on a monthly basis since a 0.6-percent drop in August 2024.
- Export computer and electronic product manufacturing prices were unchanged for the 12 months ended December 2024.
U.S. Export Price Indexes: Machinery Manufacturing
- The price index for export machinery manufacturing decreased 0.2 percent in December.
- A 0.1-percent decline in prices for agriculture, construction, and mining machinery manufacturing contributed to the December decrease in prices for machinery manufacturing.
- Export machinery manufacturing prices increased 2.2 percent from December 2023 to December 2024.
Mid-Atlantic Information Office • BLSInfoPhiladelphia@bls.gov • https://www.bls.gov/regions/mid-atlantic/ • 215-597-3282
Last Modified Date: January 27, 2025