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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: December 2019 to December 2020(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Nov.
2020		 Dec.
2020		 Annual Monthly
Dec.
2019
to
Dec.
2020		 Aug.
2020
to
Sep.
2020		 Sep.
2020
to
Oct.
2020		 Oct.
2020
to
Nov.
2020		 Nov.
2020
to
Dec.
2020

Industrialized Countries(2)

 100.9 100.0 0.7 0.5 0.5 0.5 -0.9

Canada

 103.4 100.1 0.5 1.1 0.6 1.2 -3.2

European Union

 99.7 100.6 -2.0 -0.5 -0.6 0.2 0.9

Germany

 107.8 108.0 1.4 -0.7 -0.2 -0.4 0.2

Latin America(3)

 100.1 100.8 -1.9 0.6 1.1 0.8 0.7

Mexico

 99.6 100.6 -1.6 0.5 1.0 1.8 1.0

Pacific Rim(4)

 100.1 101.0 1.1 0.0 0.5 0.9 0.9

China

 100.7 102.2 3.0 -1.2 0.8 1.5 1.5

Japan

 99.0 100.1 0.9 0.6 0.5 0.4 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: January 14, 2021