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

Table 9. U.S. terms of trade indexes and percent changes by locality: May 2018 to May 2019(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Apr.
2019		 May
2019		 Annual Monthly
May
2018
to
May
2019		 Jan.
2019
to
Feb.
2019		 Feb.
2019
to
Mar.
2019		 Mar.
2019
to
Apr.
2019		 Apr.
2019
to
May
2019

Industrialized Countries(2)

 98.9 99.2 -0.3 -1.9 -0.2 -0.7 0.3

Canada

 94.4 95.1 -4.1 -6.6 -1.4 -2.7 0.7

European Union

 103.2 102.9 1.7 0.4 0.0 0.7 -0.3

Germany

 105.1 105.3 0.6 -0.2 -0.3 0.9 0.2

Latin America(3)

 103.2 103.3 2.4 -0.3 1.4 -0.3 0.1

Mexico

 102.0 101.5 -0.6 0.1 1.4 -1.4 -0.5

Pacific Rim(4)

 100.8 100.2 -0.9 0.5 0.3 0.5 -0.6

China

 100.7 99.4 -2.9 0.9 0.7 0.7 -1.3

Japan

 99.7 98.8 -1.9 1.0 0.1 0.8 -0.9

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: June 13, 2019