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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 2018 to December 2019(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Nov.
2019		 Dec.
2019		 Annual Monthly
Dec.
2018
to
Dec.
2019		 Aug.
2019
to
Sept.
2019		 Sept.
2019
to
Oct.
2019		 Oct.
2019
to
Nov.
2019		 Nov.
2019
to
Dec.
2019

Industrialized Countries(2)

 99.6 99.2 -6.1 -0.3 0.4 -0.1 -0.4

Canada

 99.4 98.6 -16.3 -0.5 1.2 -0.1 -0.8

European Union

 102.9 102.8 0.9 -0.2 -0.1 -0.1 -0.1

Germany

 106.9 106.7 2.4 -0.1 0.0 0.2 -0.2

Latin America(3)

 103.7 103.2 0.7 -0.6 1.3 1.0 -0.5

Mexico

 103.0 102.2 0.4 -0.3 0.3 1.5 -0.8

Pacific Rim(4)

 100.2 100.1 0.5 -0.1 0.3 -0.6 -0.1

China

 99.9 100.1 1.4 -0.1 0.1 0.8 0.2

Japan

 99.4 99.5 0.3 0.1 0.4 0.0 0.1

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 16, 2020