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Import/Export Price Indexes

New Jersey and New York: Price Movements of Top Exports and Other Highlights

August 2023

Photo of the Statue of Liberty in New York

Combined exports from New York and New Jersey totaled $152.6 billion in 2022, up 9.3 percent from 2021. New York exports totaled $106.3 billion in 2022 and the export value from New Jersey was $46.3 billion. Prices for primary metal manufacturing, the largest export for the two states, decreased in July. Export prices for computer and electronic product manufacturing and chemical manufacturing also declined over the same period. Miscellaneous manufacturing prices increased in July.

Top Six New Jersey and New York Exports by Trade Dollar Value, 2022

  • New Jersey and New York exports represented 7.4 percent of the total trade dollar value of U.S. exports in 2022.
  • New Jersey and New York exported 42.2 percent of the 2022 U.S. total trade dollar value of $88.6 billion for primary metal manufacturing.
  • The top 6 exports from New Jersey and New York accounted for 74.5 percent of the region's total export trade dollar value in 2022.

U.S. Export Price Indexes: Primary Metal Manufacturing

  • Prices for export primary metal manufacturing fell 2.5 percent in July.
  • A 3.0-percent decrease in prices for nonferrous metal (except aluminum) production and processing drove the July drop in primary metal manufacturing prices.
  • The export price index for primary metal manufacturing declined 6.6 percent from July 2022 to July 2023.

U.S. Export Price Indexes: Miscellaneous Manufacturing

  • Export miscellaneous manufacturing prices advanced 0.1 percent in July.
  • The index for export miscellaneous manufacturing prices rose 4.4 percent over the past year.
  • The 12-month rise in miscellaneous manufacturing export prices was led by a 4.7-percent increase in prices for jewelry and silverware manufacturing.

U.S. Export Price Indexes: Chemical Manufacturing

  • The price index for chemical manufacturing exports decreased 2.1 percent in July.
  • A 3.2-percent drop in prices for basic chemical manufacturing contributed to the monthly decrease in prices for chemical manufacturing.
  • Export chemical manufacturing prices declined 10.2 percent over the past year.

U.S. Export Price Indexes: Computer and Electronic Product Manufacturing

  • Computer and electronic product manufacturing export prices declined 0.2 percent in July.
  • Export computer and electronic product manufacturing prices decreased 2.4 percent for the 12 months ended July 2023.
  • The 12-month drop in the price index for computer and electronic product manufacturing was led by a 5.4-percent drop in computer and peripheral equipment manufacturing prices.


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Last Modified Date: August 23, 2023