Prices for US exports rose 1.5 percent over a month earlier in October of 2021, picking up momentum following an upwardly revised 0.4 percent increase in September and above market expectations of a 0.9 percent rise. It was the 17th straight monthly rise in export prices, although at the fastest pace since May. Nonagricultural export charges advanced for the 12th month in a row (1.5 percent vs 0.6 percent in September), underpinned by industrial supplies and materials, capital goods, automotive vehicles, consumer goods, and nonagricultural foods. Upward pressure also came from a higher costs of agricultural products (1.0 percent vs -1.5 percent), as prices of wheat, other animal feeds, cotton, meat, and dairy products, more than offset lower soybeans prices. Year-on-year, export prices hiked 18.0 percent, following an upwardly revised 16.5 percent jump in September. source: U.S. Bureau of Labor Statistics
Export Prices in the United States averaged 110.57 points from 1983 until 2021, reaching an all time high of 145.20 points in October of 2021 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 November of 2021.
Export Prices in the United States is expected to be 141.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Export Prices is projected to trend around 129.00 points in 2022, according to our econometric models.