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

New England: Price Movements of Top Exports and Other Highlights

May 2025

Photo of lighthouse on the New England coast

The New England region, which consists of Massachusetts, Connecticut, New Hampshire, Maine, Rhode Island, and Vermont, exported a total trade dollar value of $67.4 billion in 2024, a 1.1-percent increase from 2023. Prices for the largest export industry in New England, machinery manufacturing, decreased in April. In contrast, export prices for chemical manufacturing and computer and electronic product manufacturing advanced over the same period.

Top Six New England Exports by Trade Dollar Value, 2024

  • New England exports represented 3.3 percent of the trade dollar value for U.S. exports in 2024.
  • The New England states accounted for 6.7 percent of the 2024 U.S. total of machinery manufacturing exports. Massachusetts alone accounted for 3.7 percent.
  • The top 6 New England export industries accounted for 74.2 percent of the region's total exports in 2024.
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U.S. Export Price Indexes: Machinery Manufacturing

  • The price index for export machinery manufacturing declined 0.5 percent in April.
  • Export machinery manufacturing prices increased 1.1 percent from April 2024 to April 2025.
  • A 2.8-percent advance in prices for industrial machinery manufacturing contributed to the 12-month increase in prices for machinery manufacturing.
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U.S. Export Price Indexes: Computer and Electronic Product Manufacturing

  • Computer and electronic product manufacturing export prices increased 0.5 percent in April.
  • Export computer and electronic product manufacturing prices advanced 0.4 percent for the 12 months ended April 2025.
  • The over-the-year increase in export prices for computer and electronic product manufacturing was driven by a 3.0-percent rise in prices for computer and peripheral equipment manufacturing.
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U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices advanced 0.4 percent in April.
  • A 0.6-percent increase in prices for pharmaceutical and medicine manufacturing led the rise in prices for chemical manufacturing in April.
  • The price index for chemical manufacturing exports advanced 3.4 percent over the past year.
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New England Machinery Manufacturing Exporting States by Trade Dollar Value, 2024

  • Exports of machinery manufacturing from Massachusetts alone accounted for 9.0 percent of total New England exports in 2024.
  • Massachusetts ranked seventh among all U.S. states and territories in exports of machinery manufacturing in 2024.
  • The total value of machinery manufacturing exports from New England increased 5.7 percent in 2024 compared to 2023.
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New England Information Office • BLSInfoBoston@bls.gov • https://www.bls.gov/regions/new-england/ • 617-565-2327 

 

Last Modified Date: May 30, 2025