Georgia: Price Movements of Top Exports and
Other Highlights
April 2017
www.bls.gov/mxp
Georgia’s exports totaled $35.7 billion in 2016, down 2.1
percent from 2015. During the first quarter of 2016 export
prices for aerospace product and parts manufacturing,
Georgia’s largest industry, rose while the pulp, paper, and
paperboard mills price index declined. Price movements
for other top export indexes were mixed for the quarter.
Top Six Georgia Exports by Trade Dollar Value, 2016
Billions of Dollars
$7
 Georgia’s top export industry, aerospace
$6.6
product and parts manufacturing,
accounted for 18.6 percent of the state’s
total exports by trade dollar.
$6
$5
 Georgia ranked fifth in the United States,
$4
$3
$2.0
$2
with $6.6 billion, in aerospace product
and parts manufacturing exports.
$2.8
$1.8
$1.1
 In 2016, Georgia ranked first in the
$1.1
$1
$0
Aerospace
Pulp, Paper, & Engine,Turbine, & Motor Vehicle
Product & Parts Paperboard Mills
Power
Manufacturing
Manufacturing
Transmission
Equipment
Manufacturing
Source: U.S. Census Bureau, Foreign Trade Statistics.
Medical
Equipment &
Supplies
Manufacturing
Basic Chemical
Manufacturing
United States in exported pulp, paper,
and paperboard mills products and
accounted for 21.8 percent of the U.S.
total.
U.S. Export Price Indexes: Aerospace Product and Parts Manufacturing
 Aerospace
product
and
parts
manufacturing export prices rose 1.8
percent the first quarter of 2016.
 Over the March 2016-17 period export
prices for aerospace product and parts
manufacturing rose 3.9 percent.
Index value, March 2016 = 100
105
104
103
102
101
 Strong global demand for both aircraft
100
and aircraft parts at the end of 2016 and
the beginning of 2017 put upward
pressure on aerospace product and parts
manufacturing prices.
99
98
Mar 2016
May 2016
Jul 2016
Sep 2016
Aerospace Product and Parts Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
Nov 2016
Jan 2017
All Manufacturing
Mar 2017
Import/Export Price Indexes (MXP) and Georgia Highlights
www.bls.gov/mxp
U.S. Export Price Indexes: Pulp, Paper, and Paperboard Mills
 Pulp, paper, and paperboard mills prices
decreased 7.1 percent during the first
quarter of 2017.
Index value, March 2016 = 100
105
103
101
99
 Prices dropped 11.0 percent for the 12-
month period ended in March 2017.
97
95
93
 Softness in demand, coupled with growing
91
89
inventories and strong supply have driven
87
prices for pulp, paper, and paperboard
85
Mar 2016
May 2016
mills products down. Prices fell 9.3 percent
Jul 2016
Sep 2016
Nov 2016
Pulp, Paper, and Paperboard Mills
Jan 2017
Mar 2017
All Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
between August 2016 and March 2017.
U.S. Export Price Indexes: Engine, Turbine, and Power Transmission Equipment Manufacturing
Index value, March 2016 = 100
 Export prices for engine, turbine, and
103
power
102
transmission
equipment
manufacturing decreased 0.5 percent for
the first quarter of 2017.
101
 The index recorded a 4.0-percent decline
100
over the March 2016-17 period.
99
 The over-the-year decrease in the index
98
Mar 2016
May 2016
Jul 2016
Sep 2016
Nov 2016
Engine, Turbine, and Power Transmission Equipment Manufacturing
Jan 2017
Mar 2017
All Manufacturing
was largely due to weak global demand
beginning in the summer of 2016.
Source: U.S. Bureau of Labor Statistics, International Price Program.
U.S. Export Price Indexes: Motor Vehicle Manufacturing
 Export
prices
for
motor
vehicle
manufacturing rose 0.5 percent during the
first quarter of 2017, driven by a 0.6percent increase in January.
Index value, March 2016 = 100
103
102
102
101
 Export motor vehicle manufacturing prices
rose 0.3 percent for the year ended March
2017.
101
100
100
 An uptick in global demand in the first
quarter of 2016 drove the quarterly
increase.
99
Mar 2016
May 2016
Jul 2016
Sep 2016
Motor Vehicle Manufacturing
Nov 2016
Jan 2017
Mar 2017
All Manufacturing
Source: U.S. Bureau of Labor Statistics, International Price Program.
Southeast Information Office • [email protected] • www.bls.gov/regions/southeast • 404-893-4222