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