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Export prices down 1.3 percent during year ended February 2020

March 18, 2020

U.S. export prices declined 1.3 percent during the 12 months ended February 2020, after rising 0.4 percent from January 2019 to January 2020. Since 2010, the 12-month change in export prices has ranged from a decrease of 7.3 percent (in September 2015) to an increase of 10.1 percent (in June 2011).

12-month change in U.S. export prices, January 2010–February 2020
Month All commodities Agricultural commodities Nonagricultural commodities Industrial supplies and materials Capital goods Automotive vehicles, parts and engines Consumer goods, excluding automotive

Jan 2010

3.5% 4.4% 3.3% 9.9% 1.5% 0.1% 0.3%

Feb 2010

3.4 2.0 3.6 10.7 1.3 0.6 0.6

Mar 2010

4.9 7.7 4.6 13.6 1.5 0.4 1.6

Apr 2010

5.5 3.5 5.7 16.9 1.1 0.4 3.2

May 2010

5.6 1.5 5.8 17.8 0.8 0.4 2.7

Jun 2010

3.7 -2.6 4.4 13.8 0.4 0.5 1.8

Jul 2010

3.9 2.3 4.1 12.9 0.2 0.6 1.7

Aug 2010

4.1 6.4 3.9 12.3 0.0 0.6 1.5

Sep 2010

4.9 12.2 4.3 13.0 0.0 0.6 2.4

Oct 2010

5.8 16.2 4.8 14.1 0.2 0.7 2.9

Nov 2010

6.5 20.3 5.1 14.9 0.4 0.8 3.2

Dec 2010

6.5 20.5 5.1 15.0 0.6 0.8 3.0

Jan 2011

7.0 22.7 5.4 16.0 0.4 0.6 2.6

Feb 2011

8.7 33.6 6.3 19.4 0.4 0.5 2.9

Mar 2011

9.5 34.0 7.1 21.4 0.2 1.0 3.4

Apr 2011

9.2 33.9 6.8 19.8 0.3 1.3 3.1

May 2011

9.1 30.4 7.0 19.1 0.6 1.6 3.7

Jun 2011

10.1 31.4 8.0 20.0 1.1 1.7 5.3

Jul 2011

9.8 26.4 8.2 20.5 1.2 2.1 5.5

Aug 2011

9.4 23.2 8.0 18.9 1.3 2.3 5.9

Sep 2011

9.4 22.7 7.9 18.6 1.1 2.5 5.0

Oct 2011

6.3 11.5 5.8 12.7 1.2 2.8 3.9

Nov 2011

4.8 5.4 4.8 9.7 0.8 2.7 3.4

Dec 2011

3.6 1.0 4.0 7.0 0.7 2.6 3.5

Jan 2012

2.6 -0.9 3.2 3.8 1.3 2.7 3.8

Feb 2012

1.8 -5.7 2.8 2.1 1.6 2.8 3.1

Mar 2012

1.1 -5.4 1.9 -0.1 1.8 2.6 2.5

Apr 2012

0.7 -3.1 1.2 -1.3 1.6 2.8 1.7

May 2012

-0.2 -1.6 0.0 -3.8 1.5 2.5 1.7

Jun 2012

-2.1 -5.8 -1.6 -7.0 1.1 2.4 0.6

Jul 2012

-1.3 3.9 -1.9 -7.1 1.0 2.1 -0.5

Aug 2012

-0.9 7.1 -1.9 -6.0 0.8 1.5 -0.8

Sep 2012

-0.6 6.4 -1.5 -4.8 1.0 1.3 -0.6

Oct 2012

1.5 11.9 0.2 -0.9 1.0 0.9 0.0

Nov 2012

0.8 10.6 -0.3 -2.6 1.2 0.8 -0.1

Dec 2012

1.1 13.4 -0.3 -2.2 1.1 0.9 -0.2

Jan 2013

1.2 10.7 0.0 -1.2 0.9 1.0 -0.3

Feb 2013

1.5 13.4 0.0 -1.0 0.9 1.1 -0.6

Mar 2013

0.2 8.7 -0.8 -2.7 0.8 0.9 -0.9

Apr 2013

-0.8 4.3 -1.5 -4.1 0.6 0.4 -0.7

May 2013

-0.8 5.0 -1.6 -3.9 0.4 0.4 -1.4

Jun 2013

0.8 9.6 -0.2 -0.4 0.7 0.4 -1.5

Jul 2013

0.3 3.1 -0.2 -0.6 0.9 0.4 -0.9

Aug 2013

-1.1 -5.6 -0.6 -1.8 0.9 0.5 -1.5

Sep 2013

-1.6 -6.3 -0.9 -2.8 0.9 0.4 -1.9

Oct 2013

-2.2 -5.9 -1.7 -4.6 0.8 0.6 -2.0

Nov 2013

-1.5 -6.6 -0.9 -2.7 0.7 0.6 -1.5

Dec 2013

-1.0 -6.4 -0.4 -1.4 0.8 0.6 -1.2

Jan 2014

-1.0 -5.3 -0.5 -1.2 0.2 0.4 -1.2

Feb 2014

-1.0 -5.9 -0.5 -0.9 0.2 0.1 -1.3

Mar 2014

0.4 -1.4 0.5 1.5 0.4 0.0 -0.9

Apr 2014

-0.1 2.2 -0.2 -1.3 0.7 0.4 -0.3

May 2014

0.6 1.4 0.5 0.2 0.9 0.5 -0.3

Jun 2014

0.2 -1.2 0.3 -0.3 0.9 0.6 -0.2

Jul 2014

0.4 -2.7 0.7 0.8 0.6 0.6 0.2

Aug 2014

0.4 -1.6 0.5 -0.3 0.8 0.6 0.9

Sep 2014

-0.4 -3.7 -0.1 -1.7 0.8 0.6 0.6

Oct 2014

-0.7 -4.6 -0.3 -2.5 0.8 0.5 0.1

Nov 2014

-1.7 -4.2 -1.4 -5.0 0.8 0.5 -0.4

Dec 2014

-3.0 -5.2 -2.8 -8.7 0.8 0.4 -0.6

Jan 2015

-5.0 -6.4 -4.9 -13.9 0.9 0.3 -1.2

Feb 2015

-5.8 -9.7 -5.3 -15.1 0.8 0.2 -1.3

Mar 2015

-6.7 -13.7 -5.8 -16.3 0.7 0.4 -1.7

Apr 2015

-6.3 -15.7 -5.3 -14.4 0.4 0.0 -2.3

May 2015

-6.0 -17.0 -4.7 -12.6 0.1 0.0 -2.1

Jun 2015

-5.8 -16.8 -4.5 -12.0 0.0 -0.1 -1.7

Jul 2015

-6.2 -14.4 -5.3 -13.8 0.3 -0.4 -2.4

Aug 2015

-7.1 -13.9 -6.3 -16.2 0.1 -0.3 -2.9

Sep 2015

-7.3 -13.8 -6.6 -16.9 0.1 -0.2 -2.8

Oct 2015

-6.7 -11.8 -6.1 -15.9 -0.1 -0.4 -2.4

Nov 2015

-6.5 -12.7 -5.8 -15.4 -0.2 -0.5 -2.2

Dec 2015

-6.6 -12.9 -5.9 -15.5 -0.5 -0.5 -2.4

Jan 2016

-5.9 -12.8 -5.1 -13.1 -0.7 -0.4 -2.6

Feb 2016

-6.1 -10.2 -5.8 -15.1 -0.8 -0.4 -2.3

Mar 2016

-6.2 -10.7 -5.8 -14.8 -0.7 -0.7 -2.2

Apr 2016

-5.1 -9.1 -4.7 -12.4 -0.5 -0.7 -2.0

May 2016

-4.5 -5.2 -4.4 -11.5 -0.4 -0.8 -1.9

Jun 2016

-3.5 -1.3 -3.8 -9.6 -0.4 -0.7 -2.6

Jul 2016

-3.0 -2.6 -3.0 -7.5 -0.6 -0.5 -1.8

Aug 2016

-2.4 -3.5 -2.3 -5.3 -0.6 -1.1 -1.6

Sep 2016

-1.5 -3.1 -1.3 -2.6 -0.6 -1.0 -1.3

Oct 2016

-1.1 -2.7 -0.8 -1.0 -0.5 -0.8 -1.6

Nov 2016

-0.2 -1.1 -0.2 1.1 -0.4 -0.7 -1.8

Dec 2016

1.3 -0.3 1.4 6.1 0.0 -0.9 -2.4

Jan 2017

2.4 1.3 2.4 9.1 0.3 -0.4 -2.6

Feb 2017

3.2 2.1 3.3 11.8 0.4 -0.2 -2.4

Mar 2017

3.4 5.4 3.2 10.9 0.5 0.0 -2.3

Apr 2017

3.1 4.6 3.0 9.9 0.4 0.2 -1.9

May 2017

1.4 -0.1 1.6 5.2 0.5 0.2 -2.0

Jun 2017

0.6 -3.8 1.0 3.3 0.6 0.0 -1.5

Jul 2017

0.9 -1.8 1.1 3.1 0.9 0.0 -1.5

Aug 2017

2.3 1.7 2.4 6.3 1.1 0.7 -1.1

Sep 2017

2.8 2.1 2.8 7.8 1.1 0.6 -1.3

Oct 2017

2.7 3.6 2.6 5.9 1.7 0.5 -0.8

Nov 2017

3.1 2.1 3.3 8.0 1.7 0.4 -0.5

Dec 2017

2.8 1.9 2.8 6.0 1.7 0.6 0.6

Jan 2018

3.3 1.5 3.5 7.6 1.7 0.5 1.7

Feb 2018

3.1 0.7 3.4 7.3 1.6 0.7 1.9

Mar 2018

3.4 2.8 3.5 7.5 1.4 0.8 1.8

Apr 2018

3.7 1.6 3.9 8.3 2.0 0.8 1.6

May 2018

5.0 4.8 4.9 11.9 2.0 0.9 1.5

Jun 2018

5.3 5.3 5.3 12.9 1.9 0.9 1.2

Jul 2018

4.3 -1.9 5.0 12.1 1.9 0.8 0.8

Aug 2018

3.6 -1.5 4.1 9.5 1.9 0.6 0.5

Sep 2018

2.7 -2.1 3.3 6.9 1.9 0.7 0.5

Oct 2018

3.1 -4.1 3.9 9.4 1.4 0.6 0.5

Nov 2018

1.8 -1.7 2.2 4.1 1.4 0.6 0.5

Dec 2018

1.1 2.3 1.0 0.9 1.3 0.7 0.3

Jan 2019

-0.2 0.1 -0.2 -2.8 1.5 0.4 0.1

Feb 2019

0.2 -0.3 0.3 -1.4 1.6 0.7 0.2

Mar 2019

0.6 -2.4 0.9 0.4 1.6 0.6 0.2

Apr 2019

0.2 -2.7 0.5 -0.3 1.0 0.6 0.4

May 2019

-0.9 -5.3 -0.3 -2.7 0.9 0.4 0.4

Jun 2019

-1.6 -2.0 -1.5 -6.1 0.9 0.5 0.6

Jul 2019

-0.9 3.5 -1.5 -5.5 0.7 0.4 0.9

Aug 2019

-1.4 0.6 -1.6 -6.1 0.6 0.3 0.8

Sep 2019

-1.7 0.2 -1.9 -6.7 0.6 0.0 0.6

Oct 2019

-2.2 2.0 -2.7 -8.3 0.5 -0.1 0.5

Nov 2019

-1.3 2.7 -1.7 -5.7 0.5 0.0 0.5

Dec 2019

-0.9 -1.2 -0.8 -3.1 0.5 -0.3 0.5

Jan 2020

0.4 3.1 0.2 -0.6 0.5 0.1 0.6

Feb 2020

-1.3 0.2 -1.6 -5.2 0.5 -0.3 0.5

Prices for agricultural exports increased over the past 12 months, rising 0.2 percent from February 2019 to February 2020.

Prices for nonagricultural exports declined 1.6 percent for the year ended in February 2020. Within nonagricultural exports, prices for industrial supplies and materials were down 5.2 percent over the year. In the major finished goods categories, export prices for capital goods rose 0.5 percent, prices for automotive vehicles, parts and engines decreased 0.3 percent, and prices for consumer goods, excluding automotive, increased 0.5 percent over the year ended in February 2020.

These data are from the International Price program. Import and export price data are subject to revision. To learn more, see “U.S. Import and Export Prices — February 2020.” See more charts on import and export prices in Charts related to the latest “U.S. Import and Export Price Indexes” news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Export prices down 1.3 percent during year ended February 2020 on the Internet at https://www.bls.gov/opub/ted/2020/export-prices-down-1-point-3-percent-during-year-ended-february-2020.htm (visited October 26, 2020).

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