Export prices in the US dropped 3.3 percent from a month earlier in April of 2020, following an upwardly revised 1.7 percent fall in the previous session and compared to market expectations of a 2.1 percent decrease. It was the largest decline in export prices since the index was first published on a monthly basis in December 1988, as cost fell faster for both nonagricultural (-3.3 percent vs -1.7 percent in March), particularly nonagricultural industrial supplies & materials and consumer goods; and agricultural exports (-3.1 percent vs -1.5 percent), namely corn, meat, cotton, fruit, soybeans, and nuts. Year-on-year, export prices slid 7 percent, the largest decline since September 2015, after falling 3.8 percent in the prior month.
Export Prices in the United States averaged 109.64 points from 1983 until 2020, reaching an all time high of 135.30 points in September of 2011 and a record low of 82.40 points in September of 1986. This page provides - United States Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Export Prices - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: U.S. Bureau of Labor Statistics
Export Prices in the United States is expected to be 125.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Export Prices in the United States to stand at 119.00 in 12 months time. In the long-term, the United States Export Prices is projected to trend around 119.00 points in 2021, according to our econometric models.