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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: June 2025 to June 2026(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
May
2026
Jun.
2026
Annual Monthly
Jun.
2025
to
Jun.
2026
Feb.
2026
to
Mar.
2026
Mar.
2026
to
Apr.
2026
Apr.
2026
to
May
2026
May
2026
to
Jun.
2026

Industrialized Countries(2)

107.9 107.2 1.0 0.7 0.2 -1.3 -0.6

Canada

94.4 95.1 -8.1 -2.2 -4.8 -4.1 0.7

European Union

112.3 110.8 8.3 2.6 4.4 0.3 -1.3

Germany

128.2 132.0 14.1 1.4 2.1 1.8 3.0

Latin America(3)

109.8 108.8 3.9 1.0 2.1 1.3 -0.9

Mexico

114.6 114.5 4.9 0.7 1.4 1.5 -0.1

Pacific Rim(4)

117.8 116.0 4.7 1.1 2.4 0.2 -1.5

China

117.4 116.1 6.0 1.3 0.6 0.9 -1.1

Japan

114.0 115.3 8.4 -0.9 1.2 0.2 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

Last Modified Date: July 17, 2026