Great Lakes States: Price Movements of Top Exports
and Other Highlights
May 2017
www.bls.gov/mxp
Exports from the Great Lakes States, comprised of Illinois,
Michigan, Ohio, Indiana, Wisconsin, and Minnesota, were
$238.3 billion in trade dollar value in 2016. Prices for the
top export of the region, transportation equipment, rose
0.5 percent for the 3-month period ended in April. Over the
same period prices for chemical and nonelectrical
machinery also rose.
Top Six Great Lakes Exports by Trade Dollar Value, 2016
 The Great Lake’s top 5 export industries
Billions of Dollars
$70
accounted for $169.7 billion, 71.2
percent, of the region’s total export
dollars.
63.5
$60
$50
 In
2016, Great Lakes exports of
transportation equipment totaled $63.5
billion, accounting for 23.0 percent of
total U.S. exports of transportation
equipment.
$40
31.1
30.8
$30
21.2
$20
12.4
10.8
$10
 The second largest export industry,
$0
Transportation
Equipment
Machinery, Except
Electrical
Chemicals
Computer &
Electrical Equipment, Fabricated Metal
Electronic Products
Appliances &
Products, Nesoi
Components
Source: U.S. Census Bureau, Foreign Trade Statistics.
machinery manufacturing, accounted for
13.1 percent of total exports by trade
dollar value for the Great Lakes states.
U.S. Export Price Indexes: Transportation Equipment Manufacturing
 Michigan
and Ohio accounted for
approximately 65 percent of the region’s
exports of transportation equipment.
Index value, Apr 2016=100
103.0
102.0
 The
price index for transportation
equipment rose 0.5 percent for the 3
months ended in April and rose 1.9
percent from April 2016 to April 2017.
101.0
100.0
 The increase in export transportation 99.0
prices over the 12-month period was
driven by higher aerospace product and
parts prices, especially in January.
98.0
Apr-16
Jun-16
Aug-16
Oct-16
Transportation Equipment Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
Dec-16
Feb-17
All Manufacturing
Apr-17
Export Price Indexes (MXP) and Great Lakes Highlights
www.bls.gov/mxp
U.S. Export Price Indexes: Machinery, except Electrical Manufacturing
 Prices for nonelectrical machinery exports,
Illinois’ largest export industry, increased
0.4 percent from January to April.
 The index declined 0.4 percent between
April 2016 and April 2017.
Index value, Apr 2016=100
103.0
102.0
101.0
100.0
 The
price index for nonelectrical
machinery declined over the past year due
to falling prices for industrial equipment
and metal working machinery.
99.0
98.0
97.0
Apr-16
Jun-16
Aug-16
Oct-16
Dec-16
Machinery, except Electrical Manufacturing
Feb-17
Apr-17
All Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
U.S. Export Price Indexes: Chemical Manufacturing
 The top state exporting chemicals in 2016
Index value, Apr 2016=100
103.0
was Indiana, with 28 percent of the
region’s exports.
102.0
 Chemical manufacturing prices rose 0.6
101.0
percent from January to April.
100.0
 Higher prices for basic chemicals as well as
99.0
98.0
Apr-16
Jun-16
Aug-16
Oct-16
Chemical Manufacturing
Dec-16
Feb-17
Apr-17
resin, synthetic rubber, and artificial
synthetic fibers and filaments drove the
3-month increase.
All Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
U.S. Export Price Indexes: Great Lakes Exports by Trade-Dollar Value, 2016
 The Great Lakes States accounted for 16.4
percent of total U.S. goods exports by
Billons of Dollars
$70
$60
$59.8
trade dollar value in 2016.
$54.5
 Three states in the Great Lakes region,
$50
Illinois, Michigan, and Ohio ranked within
$40
$34.7
the top 10 U.S. states by export trade dollar
$30
value in 2016.
$20
 Illinois accounted for just over 25 percent
$49.1
$21.0
$19.2
$10
of goods exports for the Great Lakes States,
with $59.8 billion in trade dollar value.
$0
Illinois
Michigan
Ohio
Indiana
Wisconsin
Minnesota
Source: U.S. Census Bureau, Foreign Trade Statistics
Midwest Information Office • [email protected] • http://www.bls.gov/regions/midwest/ • 312-353-1880