Export prices in the US increased 0.8 percent from a month earlier in July of 2020, following a downwardly revised 1.2 percent rise in June and above market expectations of a 0.4 percent gain. Nonagricultural exports advanced 0.7 percent, after rising 1.2 percent in June, as increasing prices for nonagricultural industrial supplies and materials as well as for capital goods and consumer goods offset declines in those of automotive vehicles and nonagricultural foods, feeds, and beverages. Agricultural export prices advanced 1.5 percent for the second consecutive month in July, as rising prices for soybeans, dairy products, corn, vegetables, cotton, and fruit more than offset falling prices for meat, nuts, and wheat. Year-on-year, export prices declined by 4.4 percent.
Export Prices in the United States averaged 109.71 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 August of 2020. source: U.S. Bureau of Labor Statistics
Export Prices in the United States is expected to be 123.00 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 118.00 in 12 months time. In the long-term, the United States Export Prices is projected to trend around 119.00 points in 2021, according to our econometric models.