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Import/Export Price Indexes

Mountain-Plains: Price Movements of Top Exports and Other Highlights

March 2024

Photo of a statue in Kansas City, Missouri

The Mountain-Plains region, which consists of Missouri, Utah, Kansas, Colorado, Montana, and Wyoming, exported a total trade dollar value of $64.1 billion in 2023, an increase of 5.3 percent from 2022. Export prices for transportation equipment manufacturing, the largest industry in the region by trade dollar value, rose in February. Export prices for chemical manufacturing advanced over the same period and primary metal manufacturing export prices declined.

Top Six Mountain-Plains Exports by Trade Dollar Value, 2023

  • The Mountain-Plains states accounted for 3.2 percent of total U.S. exports by trade dollar value in 2023.
  • The largest Mountain-Plains export industry in 2023, transportation equipment manufacturing, represented 3.3 percent of total U.S. exports in the category.
  • The top 6 export industries from the Mountain Plains accounted for 73.2 percent of the region's total export trade dollar value in 2023.

U.S. Export Price Indexes: Transportation Equipment Manufacturing

  • The index for export transportation equipment manufacturing prices advanced 0.2 percent in February.
  • Transportation equipment manufacturing export prices rose 4.9 percent for the 12 months ended February 2024.
  • An 8.3-percent increase in prices for aerospace product and parts manufacturing led the 12-month advance in prices for transportation equipment manufacturing.

U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices increased 0.8 percent in February.
  • The price index for chemical manufacturing exports declined 3.0 percent over the past year.
  • A 13.3-percent decrease in prices for other basic inorganic chemical manufacturing led the 12-month decline in prices for chemical manufacturing.

U.S. Export Price Indexes: Primary Metal Manufacturing

  • Prices for export primary metal manufacturing declined 1.0 percent in February.
  • The export price index for primary metal manufacturing decreased 6.7 percent from February 2023 to February 2024.
  • A 6.5-percent decline in prices for nonferrous metal (except aluminum) production and processing contributed to the 12-month drop in primary metal manufacturing prices.

Mountain-Plains States by Export Trade Dollar Value, 2023

  • The top 3 Mountain-Plains exporting states—Missouri, Utah, and Kansas—accounted for 2.4 percent of total U.S. exports by trade dollar value in 2023.
  • Missouri accounted for 27.8 percent of total Mountain-Plains exports in 2023, Utah 27.1 percent, and Kansas 22.0 percent.
  • Colorado, Montana, and Wyoming combined for 23.0 percent of Mountain-Plains exports by trade dollar value in 2023.

 

Mountain-Plains Information Office • BLSInfoKansasCity@bls.gov • https://www.bls.gov/regions/mountain-plains/ • 816-285-7000 

 

Last Modified Date: March 22, 2024