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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: September 2023 to September 2024(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Aug.
2024		 Sep.
2024		 Annual Monthly
Sep.
2023
to
Sep.
2024		 May
2024
to
Jun.
2024		 Jun.
2024
to
Jul.
2024		 Jul.
2024
to
Aug.
2024		 Aug.
2024
to
Sep.
2024

Industrialized Countries(2)

 102.2 102.4 1.5 0.8 0.5 -0.4 0.2

Canada

 98.5 99.6 6.0 0.5 -0.7 1.3 1.1

European Union

 103.0 101.3 -1.8 -0.1 1.5 -1.8 -1.7

Germany

 114.4 114.5 4.7 -0.1 0.3 -0.7 0.1

Latin America(3)

 104.2 103.2 -5.8 -1.2 1.1 -1.1 -1.0

Mexico

 106.7 106.5 -3.8 -0.4 -0.2 -0.9 -0.2

Pacific Rim(4)

 108.7 107.4 -1.5 0.5 -0.5 -1.5 -1.2

China

 104.0 103.6 -3.7 -0.2 -0.7 -1.9 -0.4

Japan

 104.9 104.5 0.7 1.6 -0.5 -1.3 -0.4

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: October 16, 2024