The .gov means it's official. Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure. The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
U.S. export prices to Mexico decreased 16.7 percent from June 2022 to June 2023
July 21, 2023
U.S. export prices decreased 12.0 percent from June 2022 to June 2023, the largest 12-month decline since the 12-month percent change data was first published in September 1984. Six destinations had their largest 12-month percent decline in U.S. export prices since the 12-month percent change data for destinations began in December 2018. These were China (−14.1 percent), the European Union (−7.8 percent), Japan (−14.3 percent), Latin America (−20.2 percent), Mexico (−16.7 percent) and the Pacific Rim (−4.2 percent).
U.S. export price indexes by locality of destination, 12-month percent change, December 2018–June 2023
Month
All exports
Canada
China
European Union
Germany
Japan
Latin America
Mexico
Pacific Rim
Dec 2018
1.1
7.1
-1.5
3.3
1.3
0.2
1.7
1.6
0.1
Jan 2019
-0.2
1.5
-2.9
1.7
1.1
-2.2
-1.0
-0.9
-0.7
Feb 2019
0.2
2.9
-2.9
2.0
0.4
-2.4
-0.1
-0.3
-0.9
Mar 2019
0.6
3.7
-3.3
2.0
0.0
-2.1
1.6
1.2
-1.1
Apr 2019
0.2
2.2
-2.7
1.8
0.5
-1.1
0.9
0.3
-0.8
May 2019
-0.9
1.2
-4.4
1.4
0.7
-1.9
-0.6
-0.7
-2.1
Jun 2019
-1.6
0.6
-4.0
1.2
1.3
-1.5
-2.6
-2.2
-1.9
Jul 2019
-0.9
0.9
-1.3
1.8
2.7
0.1
-2.0
-1.8
-0.1
Aug 2019
-1.4
0.1
-2.3
1.6
3.1
-0.5
-3.1
-2.4
-0.2
Sep 2019
-1.7
-0.4
-0.9
1.5
3.7
-0.2
-3.8
-2.9
0.2
Oct 2019
-2.2
-0.6
-1.7
0.9
3.3
0.2
-4.7
-3.9
0.1
Nov 2019
-1.3
-0.1
-1.7
0.6
3.2
-0.1
-3.0
-2.3
-0.7
Dec 2019
-0.9
-2.3
-1.2
1.2
3.3
0.3
-1.7
-1.8
-0.9
Jan 2020
0.4
1.0
-0.8
1.4
3.1
1.7
1.1
0.7
-0.2
Feb 2020
-1.4
-0.9
-2.4
-0.1
3.1
-0.6
-3.0
-2.3
-1.4
Mar 2020
-3.5
-4.4
-5.1
-1.9
3.3
-3.5
-5.2
-4.0
-3.0
Apr 2020
-7.0
-6.6
-7.9
-4.9
1.3
-7.5
-10.7
-8.7
-5.4
May 2020
-6.7
-6.2
-5.7
-5.0
2.0
-7.1
-10.8
-7.3
-4.7
Jun 2020
-4.5
-4.3
-2.7
-3.0
1.9
-3.1
-7.0
-5.5
-2.7
Jul 2020
-3.7
-3.2
-1.9
-2.6
1.8
-2.9
-6.1
-5.1
-3.2
Aug 2020
-2.7
-1.6
0.3
-1.8
3.1
-1.7
-5.3
-4.3
-2.0
Sep 2020
-1.8
-0.7
-0.6
-1.3
3.3
-1.0
-4.6
-3.3
-1.6
Oct 2020
-1.7
-0.3
0.1
-1.5
3.1
-0.8
-4.3
-2.6
-1.2
Nov 2020
-1.0
0.2
1.8
-1.3
2.7
0.2
-3.7
-1.9
0.5
Dec 2020
0.4
0.9
3.5
0.0
2.8
1.5
-1.3
-0.5
1.9
Jan 2021
2.5
2.6
4.0
1.0
2.9
3.7
1.2
1.5
3.5
Feb 2021
5.4
5.6
6.0
3.4
3.1
6.6
7.2
6.6
5.4
Mar 2021
9.6
9.4
12.2
6.1
3.0
11.1
13.1
11.4
9.4
Apr 2021
15.0
14.2
15.9
9.3
4.1
15.5
22.0
20.7
12.5
May 2021
17.6
15.8
16.7
10.6
3.9
19.5
28.8
28.1
14.5
Jun 2021
16.9
15.0
14.2
10.0
4.6
15.6
27.2
28.3
13.5
Jul 2021
17.0
15.1
13.2
8.7
0.6
14.5
25.9
27.1
15.4
Aug 2021
16.6
14.1
12.6
8.0
-0.2
13.5
26.5
27.5
14.4
Sep 2021
16.3
14.4
13.6
7.7
-0.6
13.5
26.0
26.6
14.5
Oct 2021
18.3
15.4
13.7
10.0
-0.1
13.7
28.6
28.3
15.2
Nov 2021
18.1
14.6
12.8
10.2
0.1
14.3
28.3
27.3
15.3
Dec 2021
14.9
12.7
9.9
7.8
-0.2
11.1
22.3
22.6
12.9
Jan 2022
15.0
13.7
12.3
9.3
1.0
13.1
22.7
22.6
12.5
Feb 2022
16.8
14.6
14.3
9.4
1.8
14.3
24.8
24.7
14.0
Mar 2022
18.4
16.5
15.8
13.1
3.3
18.4
25.9
24.2
15.3
Apr 2022
18.2
16.4
15.0
12.6
4.5
19.2
24.8
22.6
15.3
May 2022
18.6
16.5
14.7
13.1
4.7
17.7
26.4
19.2
14.8
Jun 2022
18.6
15.8
15.4
12.5
4.3
15.9
27.6
20.8
13.8
Jul 2022
12.9
11.7
9.6
10.0
7.4
12.5
18.5
14.1
8.7
Aug 2022
11.2
11.4
7.4
8.6
6.5
10.2
15.0
11.9
7.7
Sep 2022
9.8
8.8
5.2
6.7
5.8
7.0
14.2
11.2
5.9
Oct 2022
7.2
8.2
2.7
5.4
5.9
5.9
11.2
7.6
4.3
Nov 2022
6.1
7.2
1.3
4.8
5.7
5.7
9.3
5.0
3.0
Dec 2022
4.6
8.7
-0.5
4.1
5.8
4.1
5.3
3.5
1.3
Jan 2023
2.0
4.9
-2.2
1.0
5.6
-0.3
1.2
0.7
-0.3
Feb 2023
-0.8
2.8
-3.3
-0.5
4.6
-1.9
-3.7
-4.2
-1.5
Mar 2023
-5.0
0.2
-8.3
-4.7
2.8
-7.6
-9.1
-7.4
-5.7
Apr 2023
-6.0
-1.5
-8.6
-3.6
3.2
-9.1
-10.2
-8.8
-5.8
May 2023
-10.2
-3.8
-11.9
-6.7
2.2
-13.5
-18.2
-14.7
-9.2
Jun 2023
-12.0
-4.2
-14.1
-7.8
1.5
-14.3
-20.2
-16.7
-10.2
From June 2022 to June 2023, export prices to Canada decreased 4.2 percent, the largest 12-month decline since June 2020. Export prices to Germany increased 1.5 percent.
These data are from the International Price program and are not seasonally adjusted. To learn more, see "U.S. Import and Export Price Indexes — June 2023." We also have more charts on U.S. import and export prices. Latin America includes Mexico, Central America, South America, and the Caribbean. The Pacific Rim includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, Hong Kong, Singapore, South Korea, and Taiwan. Export price changes may be revised in each of the 3 months after original publication.
United States Department of Labor
