New Jersey & New York: Price Movements of Top
Exports and Other Highlights
June 2017
www.bls.gov/mxp
Total goods exports from New York and New Jersey combined
were $105.7 billion in 2016. New York exported $74.4 billion in
2016, while New Jersey’s total exports were $31.2 billion. The
export price indexes for miscellaneous manufacturing, chemical
manufacturing, and computer and electronic product
manufacturing all decreased between February and May.
Primary metal manufacturing prices rose over the same period.
Overall manufacturing export prices recorded no change.
Top Six New York and New Jersey Exports by Trade Dollar Value, 2016
Billions of Dollars
 Miscellaneous manufacturing constituted
$30
$25
$1.7
New Jersey
$20
New York
$15
$10
$22.1
$8.3
$4.2
$1.5
$5.6
$6.3
$7.0
Chemicals
Computer &
Electronic Products
Primary Metal
Manufacturing
$5
$2.7
$1.5
$3.6
$4.6
Transportation
Equipment
Manufacturing
Machinery, Except
Electrical
Manufacturing
$0
Miscellaneous
Manufacturing
the largest export value in 2016 for New
York and New Jersey combined ($23.8
billion.)
 Chemicals were the second largest export
value for the two states in 2016, with a total
of $13.9 billion.
 New York exported $6.3 billion of computer
and electronic products in 2016, while New
Jersey’s exports were $4.2 billion. This
industry ranked third largest for exports in
2016 from these two states.
Source: U.S. Census Bureau, Foreign Trade Statistics.
U.S. Export Price Indexes: Miscellaneous Manufacturing
 New York accounts for almost 70 percent
of U.S. jewelry and silverware exports,
amounting to a total export value of over
$22.6 billion in 2016. Jewelry and
silverware is the primary component of
export miscellaneous manufacturing for
the region.
 Miscellaneous
manufacturing export
prices advanced 0.4 percent for the
3-month period ended in May. The price
index for export jewelry and silverware
fell 0.3 percent over the same period.
Index value, May 2016 = 100
104.0
102.0
100.0
98.0
96.0
May-16
Jul-16
Sep-16
Jewelry and Silverware Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
Nov-16
Jan-17
Miscellaneous Manufacturing
Mar-17
All Manufacturing
May-17
Import/Export Price Indexes (MXP) and New Jersey/New York Highlights
U.S. Export Price Indexes: Chemical Manufacturing
 The
export price index for chemical
manufacturing decreased 0.5 percent for the
quarter ended in May.
Index Value, May 2016 = 100
102.0
101.0
 Lower petroleum prices contributed to the
quarterly fall in chemical manufacturing prices,
dropping 5.2 percent. That was the largest 3month decline since a 15.3-percent decrease in
March 2016.
 Over the 12 months ended in May, the
price index for chemical manufacturing
exports fell 1.1 percent.
100.0
99.0
98.0
97.0
May-16
Jul-16
Sep-16
Nov-16
All Manufacturing
Jan-17
Mar-17
May-17
Chemical Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
U.S. Export Price Indexes: Computer and Electronic Product Manufacturing
 Export
prices for computer and
electronic product manufacturing rose 0.2
percent for the 3-month period ended in
May, while manufacturing export prices
recorded no changed.
Index Value, May 2016 = 100
102.0
101.0
100.0
 Higher
prices for computer and
peripheral equipment, which rose 1.1
percent, drove the quarterly increase.
99.0
98.0
97.0
May-16
 Export
Jul-16
Sep-16
Nov-16
All Manufacturing
Jan-17
Mar-17
computer
and
electronic
product prices fell 1.3 percent over the
year ended in May.
May-17
Computer and Electronic Product Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
U.S. Export Price Indexes: Primary Metal Manufacturing
 Export primary metal manufacturing prices
rose 2.1 percent between February and May.
Index value, May 2016 = 100
104.0
 Prices for export primary metal manufacturing
102.0
advanced 2.7 percent over the past year. The
100.0
last over-the-year decrease the index recorded
was a 5.7-percent drop in June 2016.
 The export price index for alumina and
aluminum production and processing drove
both the 3-month and 12-month increases,
rising 4.2 percent and 7.7 percent, respectively.
98.0
96.0
94.0
May-16
Jul-16
Sep-16
Primary Metal Manufacturing
Nov-16
Jan-17
Mar-17
May-17
All Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
New York-New Jersey Information Office • [email protected] • www.bls.gov/regions/new-york-new-jersey • 646-264-3600