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

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

June 2025

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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 May. In contrast, export prices for chemical manufacturing and computer and electronic product manufacturing declined in May. Primary metal manufacturing export prices recorded no change 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.
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U.S. Export Price Indexes: Miscellaneous Manufacturing

  • Export miscellaneous manufacturing prices advanced 0.2 percent in May.
  • A 0.3-percent increase in medical equipment and supplies manufacturing export prices led the May advance in prices for export miscellaneous manufacturing.
  • The price index for export miscellaneous manufacturing increased 0.4 percent over the past year.
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U.S. Export Price Indexes: Primary Metal Manufacturing

  • Prices for export primary metal manufacturing recorded no change in May.
  • The export price index for primary metal manufacturing advanced 24.7 percent from May 2024 to May 2025.
  • The over-the-year increase in export primary metal manufacturing prices was driven by a 30.8-percent rise in prices for nonferrous metal (except aluminum) production and processing exports.
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U.S. Export Price Indexes: Chemical Manufacturing

  • Export chemical manufacturing prices declined 0.3 percent in May.
  • A 1.3-percent decrease in prices for resin, synthetic rubber, and artificial synthetic fibers manufacturing contributed to the decline in prices for chemical manufacturing in May.
  • The price index for chemical manufacturing exports advanced 3.4 percent over the past year.
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U.S. Export Price Indexes: Computer and Electronic Product Manufacturing

  • Computer and electronic product manufacturing export prices edged down 0.1 percent in May.
  • The monthly decrease in export prices for computer and electronic product manufacturing was driven by a 0.3-percent decline in prices for computer and peripheral equipment manufacturing.
  • Export computer and electronic product manufacturing prices advanced 0.2 percent for the 12 months ended May 2025.
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New York-New Jersey Information Office • BLSInfoNY@bls.gov • https://www.bls.gov/regions/new-york-new-jersey/ • 646-264-3600 

 

Last Modified Date: June 27, 2025