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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: August 2020 to August 2021(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Jul.
2021		 Aug.
2021		 Annual Monthly
Aug.
2020
to
Aug.
2021		 Apr.
2021
to
May
2021		 May
2021
to
Jun.
2021		 Jun.
2021
to
Jul.
2021		 Jul.
2021
to
Aug.
2021

Industrialized Countries(2)

 97.8 98.7 -0.7 -0.3 -0.1 0.8 0.9

Canada

 88.5 91.3 -9.2 -3.2 -2.6 2.3 3.2

European Union

 102.5 102.3 1.7 0.4 1.0 -1.1 -0.2

Germany

 104.1 104.4 -4.4 0.4 1.2 -3.3 0.3

Latin America(3)

 113.9 114.3 17.1 4.3 -0.4 0.1 0.4

Mexico

 118.5 118.8 23.4 7.8 0.2 0.1 0.3

Pacific Rim(4)

 109.6 108.8 10.2 1.1 0.8 1.5 -0.7

China

 107.8 107.6 8.0 1.3 0.4 -0.3 -0.2

Japan

 108.4 108.1 10.9 3.1 1.0 -0.4 -0.3

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: September 15, 2021