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Import/Export Price Indexes
MXP MXP Program Links
Table 9. U.S. terms of trade indexes and percent changes by locality: July 2023 to July 2024(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Apr.
2024		 May
2024		 Jun.
2024		 Jul.
2024		 Annual Monthly
Jul.
2023
to
Jul.
2024		 Mar.
2024
to
Apr.
2024		 Apr.
2024
to
May
2024		 May
2024
to
Jun.
2024		 Jun.
2024
to
Jul.
2024

Industrialized Countries(2)

 101.8 (r)101.3 (r)102.1 102.4 1.5 -0.7 (r)-0.5 (r)0.8 0.3

Canada

 (r)96.8 (r)97.4 (r)97.8 96.6 -0.5 (r)-2.6 (r)0.6 (r)0.4 -1.2

European Union

 (r)104.8 (r)103.5 (r)103.5 105.7 4.1 (r)0.8 (r)-1.2 (r)0.0 2.1

Germany

 114.8 114.8 (r)115.0 115.5 6.5 0.7 0.0 (r)0.2 0.4

Latin America(3)

 (r)106.7 105.7 (r)104.4 105.6 -0.8 (r)0.8 (r)-0.9 (r)-1.2 1.1

Mexico

 108.8 108.4 (r)108.1 108.0 -0.9 1.4 -0.4 (r)-0.3 -0.1

Pacific Rim(4)

 (r)111.2 (r)110.5 (r)111.4 111.4 2.9 (r)0.7 (r)-0.6 (r)0.8 0.0

China

 (r)107.5 (r)107.0 (r)106.8 106.0 -1.0 (r)0.7 (r)-0.5 (r)-0.2 -0.7

Japan

 (r)105.3 (r)104.9 (r)107.0 106.6 2.3 (r)1.8 -0.4 (r)2.0 -0.4

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.
(r) Revised

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available

 

Last Modified Date: August 15, 2024