Table 9 U.S. Terms of Trade Indexes, by Locality

Table 9. U.S. terms of trade indexes and percent changes by locality: January 2018 to January 2019(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Dec.
2018		 Jan.
2019		 Annual Monthly
Jan.
2018
to
Jan.
2019		 Sept.
2018
to
Oct.
2018		 Oct.
2018
to
Nov.
2018		 Nov.
2018
to
Dec.
2018		 Dec.
2018
to
Jan.
2019

Industrialized Countries(2)

 105.1 104.3 3.8 -0.1 2.5 1.6 -0.8

Canada

 115.8 114.2 13.1 -0.1 7.7 4.7 -1.4

European Union

 101.9 102.1 0.9 0.2 0.5 -0.4 0.2

Germany

 104.3 104.1 -0.2 0.3 0.2 0.1 -0.2

Latin America(3)

 101.9 101.8 1.8 0.1 0.2 0.2 -0.1

Mexico

 101.8 101.6 1.0 0.5 -0.5 -0.3 -0.2

Pacific Rim(4)

 99.5 99.5 -0.9 0.3 0.2 0.0 0.0

China

 98.5 98.3 -2.5 1.0 0.2 -0.7 -0.2

Japan

 99.2 98.1 -2.4 0.1 0.0 -0.3 -1.1

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available

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Last Modified Date: February 15, 2019