Import/Export Price Indexes
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New Jersey and New York: Price Movements of Top Exports and Other Highlights
April 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 March. 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 0.7 percent in March.
- The March rise in export prices for miscellaneous manufacturing was the largest monthly advance since the index increased 0.9 percent in January 2024.
- The price index for export miscellaneous manufacturing increased 0.6 percent over the past year.
U.S. Export Price Indexes: Primary Metal Manufacturing
- Prices for export primary metal manufacturing increased 1.8 percent in March.
- The export price index for primary metal manufacturing advanced 24.0 percent from March 2024 to March 2025.
- The over-the-year increase in primary metal manufacturing prices was driven by a 30.4-percent rise in prices for nonferrous metal (except aluminum) production and processing exports.
U.S. Export Price Indexes: Chemical Manufacturing
- Export chemical manufacturing prices ticked up 0.1 percent in March.
- A 0.8-percent increase in prices for basic chemical manufacturing led the rise in prices for chemical manufacturing in March.
- The price index for chemical manufacturing exports advanced 2.7 percent over the past year.
U.S. Export Price Indexes: Computer and Electronic Product Manufacturing
- Computer and electronic product manufacturing export prices advanced 0.2 percent in March.
- A 0.7-percent rise in prices for computer and peripheral equipment manufacturing contributed to the 1-month increase in prices for computer and electronic product manufacturing.
- Export computer and electronic product manufacturing prices ticked up 0.1 percent for the 12 months ended March 2025.
New York-New Jersey Information Office • BLSInfoNY@bls.gov • https://www.bls.gov/regions/new-york-new-jersey/ • 646-264-3600
Last Modified Date: April 29, 2025