Table 9 U.S. Terms of Trade Indexes, by Locality

Table 9. U.S. terms of trade indexes and percent changes by locality: December 2017 to December 2018(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Nov.
2018
Dec.
2018
Annual Monthly
Dec.
2017
to
Dec.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018
Nov.
2018
to
Dec.
2018

Industrialized Countries(2)

103.3 104.8 4.8 1.0 -0.1 2.4 1.5

Canada

110.1 114.3 14.3 2.3 -0.1 7.2 3.8

European Union

102.4 101.8 1.8 0.3 0.2 0.6 -0.6

Germany

104.2 104.3 4.3 -0.3 0.2 0.3 0.1

Latin America(3)

101.7 101.8 1.8 -0.9 0.1 0.2 0.1

Mexico

102.2 101.8 1.8 -0.9 0.4 -0.3 -0.4

Pacific Rim(4)

99.6 99.7 -0.3 -0.6 0.3 0.3 0.1

China

99.0 98.7 -1.3 -1.7 1.0 0.0 -0.3

Japan

99.6 99.5 -0.5 -0.1 0.1 0.1 -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

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Last Modified Date: January 16, 2019