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

Table 9. U.S. terms of trade indexes and percent changes by locality: July 2019 to July 2020(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
June
2020		 July
2020		 Annual Monthly
July
2019
to
July
2020		 Mar.
2020
to
Apr.
2020		 Apr.
2020
to
May
2020		 May
2020
to
June
2020		 June
2020
to
July
2020

Industrialized Countries(2)

 99.8 99.8 0.2 1.9 -0.7 -2.9 0.0

Canada

 106.1 104.9 6.3 10.0 -1.7 -11.1 -1.1

European Union

 99.2 99.6 -3.7 -1.9 -0.1 0.4 0.4

Germany

 107.2 108.3 1.4 -1.3 1.5 0.0 1.0

Latin America(3)

 98.7 99.5 -2.8 -3.2 -2.1 0.8 0.8

Mexico

 96.6 97.4 -4.4 -4.4 0.1 -0.2 0.8

Pacific Rim(4)

 98.0 96.3 -4.7 -2.3 -0.1 2.0 -1.7

China

 96.1 97.0 -3.1 -2.6 1.1 1.5 0.9

Japan

 94.1 94.7 -4.8 -3.4 0.0 2.3 0.6

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: August 13, 2020