Export prices in the US advanced 1.1 percent from a month earlier in December of 2020, the most since June, following an upwardly revised 0.7 percent increase in November and above market expectations of 0.4 percent. It was the seventh straight monthly rise in export prices. The cost of agricultural export climbed 0.6 percent, as higher prices for soybeans more than offset declining prices for vegetables and dairy products. Prices for nonagricultural exports advanced 1.3 percent, the most since a 1.7 percent rise in June 2020, due to the higher cost of nonagricultural industrial supplies and materials. Cost also rose for consumer goods, capital goods, automotive vehicles, and nonagricultural foods, feeds, and beverages. Year-on-year, export prices went up 0.2 percent, rebounding from a 1.1 percent fall in the previous month. It was the first yearly rise in export prices since January. source: U.S. Bureau of Labor Statistics
Export Prices in the United States averaged 109.89 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 January of 2021.
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 128.00 in 12 months time. In the long-term, the United States Export Prices is projected to trend around 129.00 points in 2022, according to our econometric models.