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Prices for U.S. exports up 3.8 percent over year ended April 2018
May 23, 2018
The price index for U.S. exports increased 3.8 percent over the year ended April 2018, the largest 12-month increase since November 2011. Prices for transportation equipment exports, which account for 18.1 percent of U.S. exports, increased 1.6 percent over the past year.
U.S. export prices 12-month percent change, selected industries, April 2018
Industry
Percent change
Relative importance, March 2018
Transportation equipment manufacturing
1.6%
18.100%
Computer and electronic product manufacturing
1.6
14.140
Chemical manufacturing
4.8
13.357
Machinery manufacturing
1.4
8.906
Petroleum and coal products manufacturing
19.1
6.217
Agriculture, forestry, fishing and hunting
1.8
5.445
Miscellaneous manufacturing
1.4
5.373
Food manufacturing
2.3
4.790
Primary metal manufacturing
7.0
3.956
Electrical equipment, appliance, and component manufacturing
2.3
3.804
Mining
15.5
3.201
Fabricated metal product manufacturing
2.5
3.011
Plastics and rubber products manufacturing
0.5
2.231
Paper manufacturing
9.6
1.657
Nonmetallic mineral product manufacturing
3.3
0.832
Beverage and tobacco product manufacturing
10.0
0.694
Textile mills
2.3
0.634
Furniture and related product manufacturing
1.0
0.401
Leather and allied product manufacturing
-3.1
0.270
Prices for computer and electronic product exports, which account for 14.1 percent of exports, increased 1.6 percent over the past year. Prices for chemical exports, which make up 13.4 percent of exports, increased 4.8 percent.
Petroleum and coal product export prices increased 19.1 percent, and mining product export prices increased 15.5 percent.
Export prices for agricultural, forestry, fishing and hunting goods increased 1.8 percent over the April 2017–April 2018 period.
These data are from the International Price program. Import and export price changes may be revised in each of the 3 months after original publication. For more information, see "U.S. Import and Export Price Indexes — April 2018" (HTML) (PDF). See more charts on import and export price trends.
United States Department of Labor
