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Manufacturing export prices up 5.8 percent over the year ended November 2022

December 22, 2022

Prices for U.S. exports increased 6.3 percent from November 2021 to November 2022, the smallest 12-month increase since February 2021. Prices for manufacturing exports increased 5.8 percent over the year ended November 2022, after increasing 11.8 percent over the year ended November 2021. Manufacturing export prices decreased 0.8 percent over the year ended November 2020, and 0.6 percent over the year ended November 2019.

Percent change in U.S. export prices, selected manufacturing industries, 12 months ending in November, 2018–2022
12 months ending Manufacturing, total Chemical manufacturing Computer and electronic product manufacturing Transportation equipment manufacturing Petroleum and coal products manufacturing Machinery manufacturing Food manufacturing

Nov 2018

2.4% 3.6% -0.4% 1.9% 10.0% 2.1% -0.9%

Nov 2019

-0.6 -2.3 -1.7 1.3 -9.3 1.6 2.0

Nov 2020

-0.8 1.1 -0.1 0.9 -30.8 -0.3 1.1

Nov 2021

11.8 17.3 1.8 2.7 90.0 4.9 20.7

Nov 2022

5.8 -2.3 1.3 4.1 37.4 5.8 8.0

Prices for petroleum and coal products exports increased 37.4 percent over the 12 months ended November 2022. Over the 12-month period ended November 2021, export prices for these products increased 90.0 percent.

Export food prices went up 8.0 percent over the most recent 12 months, after increasing 20.7 percent over the 12-month period ended November 2021.

These data are from the International Price program and are not seasonally adjusted. To learn more, see "U.S. Import and Export Price Indexes — November 2022." Also see more charts on U.S. import and export prices.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Manufacturing export prices up 5.8 percent over the year ended November 2022 at https://www.bls.gov/opub/ted/2022/manufacturing-export-prices-up-5-8-percent-over-the-year-ended-november-2022.htm (visited December 05, 2024).

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