Import/Export Price Indexes
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New Jersey and New York: Price Movements of Top Exports and Other Highlights
May 2025
Combined exports from New Jersey and New York totaled $134.2 billion in 2024, down 5.0 percent from 2023. New Jersey exports totaled $42.9 billion in 2024 and the export value from New York was $91.2 billion. Prices for miscellaneous manufacturing, the largest export industry for the two states, increased in April. Export prices for primary metal manufacturing, computer and electronic product manufacturing, and chemical manufacturing also advanced over the same period.
Top Six New Jersey and New York Exports by Trade Dollar Value, 2024
- New Jersey and New York exports represented 6.5 percent of the total trade dollar value of U.S. exports in 2024.
- New Jersey and New York exported 28.7 percent of the 2024 U.S. total trade dollar value of $87.6 billion for miscellaneous manufacturing.
- The top 6 exports from New Jersey and New York accounted for 69.9 percent of the region's total export trade dollar value in 2024.
U.S. Export Price Indexes: Miscellaneous Manufacturing
- Export miscellaneous manufacturing prices advanced 0.6 percent in April.
- A 1.2-percent increase in other miscellaneous manufacturing export prices led the April advance in prices for export miscellaneous manufacturing.
- The price index for export miscellaneous manufacturing increased 0.2 percent over the past year.
U.S. Export Price Indexes: Primary Metal Manufacturing
- Prices for export primary metal manufacturing increased 4.3 percent in April.
- The export price index for primary metal manufacturing advanced 25.7 percent from April 2024 to April 2025.
- The over-the-year increase in export primary metal manufacturing prices was driven by a 31.5-percent rise in prices for nonferrous metal (except aluminum) production and processing exports.
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.
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.
New York-New Jersey Information Office • BLSInfoNY@bls.gov • https://www.bls.gov/regions/new-york-new-jersey/ • 646-264-3600
Last Modified Date: May 30, 2025