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Economic News Release
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Table 9 U.S. Terms of Trade Indexes, by Locality

Table 9. U.S. terms of trade indexes and percent changes by locality: February 2021 to February 2022(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Industrialized Countries(2)

99.1 99.5 1.1 -0.2 0.0 -0.1 0.4

Canada

88.3 88.1 -7.3 -1.4 1.8 -1.9 -0.2

European Union

105.7 105.2 3.2 -0.1 -1.0 2.4 -0.5

Germany

103.2 103.1 -3.6 -0.6 -0.1 -0.5 -0.1

Latin America(3)

113.3 117.6 11.5 -0.1 -2.4 2.1 3.8

Mexico

116.7 120.7 15.2 -0.1 -2.0 0.9 3.4

Pacific Rim(4)

110.0 112.0 8.1 0.9 -1.4 0.9 1.8

China

109.3 112.1 9.2 0.9 -1.8 2.1 2.6

Japan

113.4 117.0 12.9 1.0 -1.5 3.8 3.2

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available

Last Modified Date: July 18, 2022