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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

Table of Contents

Last Modified Date: January 16, 2020