Export prices in the US went up 0.2 percent from a month earlier in October 2020, following a 0.6 percent rise in September and below market expectations of 0.3 percent. It was the fifth straight monthly rise in export prices, driven by higher agricultural export prices. Cost of agricultural export increased 3.4 percent, the largest rise since December 2018, due to higher prices for vegetables, corn, soybeans, and dairy products. Prices for nonagricultural exports were unchanged in October, after rising in each of the 4 previous months, as lower prices for nonagricultural industrial supplies and materials and capital goods offset an increase in automotive vehicles prices. Year-on-year, export prices dropped by 1.6 percent. source: U.S. Bureau of Labor Statistics
Export Prices in the United States averaged 109.81 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 November of 2020.
Export Prices in the United States is expected to be 124.00 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 127.00 in 12 months time. In the long-term, the United States Export Prices is projected to trend around 128.00 points in 2021 and 129.00 points in 2022, according to our econometric models.