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U.S. export prices up 0.6 percent over the year ended March 2019

April 18, 2019

U.S. export prices rose 0.6 percent from March 2018 to March 2019. Prices for capital goods, which accounted for 36 percent of total exports, increased 1.5 percent over this period.

12-month percent change in U.S. export prices, selected categories of goods, March 2019
Category Percent change, March 2018 to March 2019 Relative importance, February 2019

All commodities

0.6% 100.000%

Foods, feeds, & beverages

-1.5 8.920

Industrial supplies & materials

0.7 32.328

Capital goods

1.5 36.056

Automotive vehicles, parts & engines

0.4 10.197

Consumer goods, excluding automotives

0.4 12.499

Prices for industrial supplies and materials (which include petroleum and petroleum products) increased 0.7 percent over the year. Industrial supplies and materials had a relative importance of 32 percent.

The price index for consumer goods, excluding automotives, and automotive vehicles, parts, and engines, were little changed (+0.4 percent) over the year. Consumer goods, excluding automotives, made up 12 percent of exports, while automotive vehicles, parts, and engines accounted for 10 percent.

Prices for exports of foods, feeds, and beverages, which made up about 9 percent of U.S. exports, decreased 1.5 percent over the March 2018–March 2019 period.

These data are from the International Price program. See "U.S. Import and Export Price Indexes — March 2019" to learn more. Also see more charts of import and export price data in Charts related to the latest "U.S. Import and Export Price Indexes" news release. Import and export price changes may be revised in each of the 3 months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, U.S. export prices up 0.6 percent over the year ended March 2019 on the Internet at https://www.bls.gov/opub/ted/2019/u-s-export-prices-up-0-point-6-percent-over-the-year-ended-march-2019.htm (visited November 21, 2019).

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