U.S. flag

An official website of the United States government

Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Economic News Release
PRINT:Print
MXP MXP Program Links

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

Table 9. U.S. terms of trade indexes and percent changes by locality: May 2025 to May 2026(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Apr.
2026		 May
2026		 Annual Monthly
May
2025
to
May
2026		 Jan.
2026
to
Feb.
2026		 Feb.
2026
to
Mar.
2026		 Mar.
2026
to
Apr.
2026		 Apr.
2026
to
May
2026

Industrialized Countries(2)

 109.4 108.5 2.8 1.2 0.6 0.4 -0.8

Canada

 98.7 95.0 -7.9 0.5 -2.2 -4.5 -3.7

European Union

 111.9 112.8 10.7 2.3 2.4 4.5 0.8

Germany

 125.0 126.6 9.6 3.2 1.2 1.6 1.3

Latin America(3)

 108.5 110.4 6.1 0.6 0.9 2.3 1.8

Mexico

 113.0 114.8 5.9 1.0 0.7 1.5 1.6

Pacific Rim(4)

 117.3 116.4 5.8 0.5 1.0 2.3 -0.8

China

 116.5 117.1 4.3 -0.1 1.3 0.7 0.5

Japan

 113.9 113.2 6.6 2.3 -0.9 1.2 -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
Table of Contents
Last Modified Date: June 16, 2026