🇺🇸

United States Terms of Trade

Price

108.948 Points

3/1/2026

Change +/-

+0.245 Points

Percentage Change

+0.23 %

The current value of the Terms of Trade in United States is 108.948 Points. The Terms of Trade in United States increased to 108.948 Points on 3/1/2026, after it was 108.703 Points on 12/1/2025. From 3/1/1967 to 3/1/2026, the average GDP in United States was 110.2 Points. The all-time high was reached on 6/1/1968 with 165.48 Points, while the lowest value was recorded on 9/1/2008 with 89.99 Points.

Source: U.S. Bureau of Economic Analysis

macro_seo_summary_intro macro_seo_summary_upmacro_seo_summary_avgmacro_seo_summary_highmacro_seo_summary_low

Terms of Trade

3 Years
5 Years
10 Years
25 Years
Max

Trading Conditions

Access this data via the Eulerpool API

Docs Get Free API Key

Terms of Trade History

Terms of Trade — History
Date	Value
3/1/2026	108.948 Points
12/1/2025	108.703 Points
9/1/2025	109.407 Points
6/1/2025	109.054 Points
3/1/2025	108.685 Points
12/1/2024	107.473 Points
9/1/2024	107.848 Points
6/1/2024	108.706 Points
3/1/2024	108.514 Points
12/1/2023	108.726 Points
9/1/2023	109.83 Points
6/1/2023	108.734 Points
3/1/2023	108.905 Points
12/1/2022	108.978 Points
9/1/2022	110.353 Points
6/1/2022	112.679 Points
3/1/2022	109.154 Points
12/1/2021	107.378 Points
9/1/2021	107.37 Points
6/1/2021	106.095 Points
3/1/2021	103.698 Points
12/1/2020	100.956 Points
9/1/2020	99.947 Points
6/1/2020	98.514 Points
3/1/2020	100.947 Points
12/1/2019	101.583 Points
9/1/2019	101.46 Points
6/1/2019	101.227 Points
3/1/2019	101.213 Points
12/1/2018	101.046 Points
9/1/2018	101.186 Points
6/1/2018	101.106 Points
3/1/2018	99.918 Points
12/1/2017	100.586 Points
9/1/2017	100.632 Points
6/1/2017	99.389 Points
3/1/2017	99.386 Points
12/1/2016	99.805 Points
9/1/2016	99.581 Points
6/1/2016	100.013 Points
3/1/2016	99.193 Points
12/1/2015	99.871 Points
9/1/2015	99.441 Points
6/1/2015	99.703 Points
3/1/2015	98.548 Points
12/1/2014	96.957 Points
9/1/2014	97.198 Points
6/1/2014	97.061 Points
3/1/2014	96.533 Points
12/1/2013	97.117 Points
9/1/2013	97.061 Points
6/1/2013	96.423 Points
3/1/2013	95.974 Points
12/1/2012	95.887 Points
9/1/2012	96.783 Points
6/1/2012	94.958 Points
3/1/2012	94.04 Points
12/1/2011	94.521 Points
9/1/2011	95.679 Points
6/1/2011	95.062 Points
3/1/2011	96.115 Points
12/1/2010	97.685 Points
9/1/2010	97.353 Points
6/1/2010	96.335 Points
3/1/2010	94.452 Points
12/1/2009	95.194 Points
9/1/2009	96.996 Points
6/1/2009	99.471 Points
3/1/2009	100.89 Points
12/1/2008	94.97 Points
9/1/2008	89.99 Points
6/1/2008	91.112 Points
3/1/2008	93.424 Points
12/1/2007	95.201 Points
9/1/2007	97.547 Points
6/1/2007	98.197 Points
3/1/2007	98.542 Points
12/1/2006	98.151 Points
9/1/2006	96.701 Points
6/1/2006	96.379 Points
3/1/2006	96.117 Points
12/1/2005	95.684 Points
9/1/2005	96.96 Points
6/1/2005	98.822 Points
3/1/2005	99.47 Points
12/1/2004	99.161 Points
9/1/2004	100.651 Points
6/1/2004	101.406 Points
3/1/2004	101.685 Points
12/1/2003	102.621 Points
9/1/2003	102.279 Points
6/1/2003	102.648 Points
3/1/2003	100.219 Points
12/1/2002	102.535 Points
9/1/2002	102.954 Points
6/1/2002	102.634 Points
3/1/2002	104.44 Points
12/1/2001	104.761 Points
9/1/2001	103.131 Points
6/1/2001	101.856 Points
3/1/2001	100.093 Points
12/1/2000	99.758 Points
9/1/2000	100.103 Points
6/1/2000	100.554 Points
3/1/2000	100.093 Points
12/1/1999	101.868 Points
9/1/1999	103.014 Points
6/1/1999	104.141 Points
3/1/1999	105.498 Points
12/1/1998	105.477 Points
9/1/1998	105.746 Points
6/1/1998	105.214 Points
3/1/1998	104.275 Points
12/1/1997	102.864 Points
9/1/1997	102.688 Points
6/1/1997	102.469 Points
3/1/1997	100.18 Points
12/1/1996	99.604 Points
9/1/1996	101.062 Points
6/1/1996	100.96 Points
3/1/1996	100.802 Points
12/1/1995	101.035 Points
9/1/1995	100.641 Points
6/1/1995	100.182 Points
3/1/1995	100.594 Points
12/1/1994	100.526 Points
9/1/1994	100.049 Points
6/1/1994	101.197 Points
3/1/1994	101.853 Points
12/1/1993	101.156 Points
9/1/1993	100.763 Points
6/1/1993	99.984 Points
3/1/1993	100.051 Points
12/1/1992	99.318 Points
9/1/1992	99.035 Points
6/1/1992	100.344 Points
3/1/1992	100.775 Points
12/1/1991	101.537 Points
9/1/1991	101.957 Points
6/1/1991	101.195 Points
3/1/1991	98.965 Points
12/1/1990	95.099 Points
9/1/1990	99.766 Points
6/1/1990	102.129 Points
3/1/1990	99.44 Points
12/1/1989	101.17 Points
9/1/1989	102.23 Points
6/1/1989	101.051 Points
3/1/1989	102.546 Points
12/1/1988	103.811 Points
9/1/1988	105.215 Points
6/1/1988	102.355 Points
3/1/1988	101.708 Points
12/1/1987	101.483 Points
9/1/1987	101.063 Points
6/1/1987	101.912 Points
3/1/1987	103.239 Points
12/1/1986	106.429 Points
9/1/1986	107.044 Points
6/1/1986	108.637 Points
3/1/1986	105.08 Points
12/1/1985	105.601 Points
9/1/1985	108.161 Points
6/1/1985	108.924 Points
3/1/1985	109.719 Points
12/1/1984	108.626 Points
9/1/1984	109.369 Points
6/1/1984	109.494 Points
3/1/1984	109.678 Points
12/1/1983	109.525 Points
9/1/1983	107.349 Points
6/1/1983	106.904 Points
3/1/1983	106.525 Points
12/1/1982	103.773 Points
9/1/1982	103.963 Points
6/1/1982	104.222 Points
3/1/1982	102.779 Points
12/1/1981	101.856 Points
9/1/1981	101.775 Points
6/1/1981	98.664 Points
3/1/1981	99.081 Points
12/1/1980	99.539 Points
9/1/1980	97.894 Points
6/1/1980	97.765 Points
3/1/1980	100.521 Points
12/1/1979	106.441 Points
9/1/1979	112.28 Points
6/1/1979	118.644 Points
3/1/1979	119.933 Points
12/1/1978	120.857 Points
9/1/1978	118.521 Points
6/1/1978	118.222 Points
3/1/1978	118.006 Points
12/1/1977	117.669 Points
9/1/1977	118.406 Points
6/1/1977	120.984 Points
3/1/1977	122.85 Points
12/1/1976	126.082 Points
9/1/1976	124.867 Points
6/1/1976	126.577 Points
3/1/1976	127.475 Points
12/1/1975	128.232 Points
9/1/1975	127.347 Points
6/1/1975	124.244 Points
3/1/1975	125.044 Points
12/1/1974	123.247 Points
9/1/1974	120.267 Points
6/1/1974	119.66 Points
3/1/1974	130.719 Points
12/1/1973	144.12 Points
9/1/1973	147.943 Points
6/1/1973	145.185 Points
3/1/1973	149.382 Points
12/1/1972	148.09 Points
9/1/1972	147.137 Points
6/1/1972	149.159 Points
3/1/1972	152.595 Points
12/1/1971	154.264 Points
9/1/1971	155.06 Points
6/1/1971	158.418 Points
3/1/1971	158.226 Points
12/1/1970	156.332 Points
9/1/1970	158 Points
6/1/1970	164.27 Points
3/1/1970	162.481 Points
12/1/1969	163.382 Points
9/1/1969	164.324 Points
6/1/1969	162.997 Points
3/1/1969	164.066 Points
12/1/1968	162.262 Points
9/1/1968	162.587 Points
6/1/1968	165.481 Points
3/1/1968	162.642 Points
12/1/1967	162.986 Points
9/1/1967	162.404 Points
6/1/1967	163.093 Points
3/1/1967	163.219 Points

...

Similar Macro Indicators to Terms of Trade

🇺🇸

Arms Sales

Annually

Capital Flows

Monthly

Car Exports

Monthly

Crude Oil Production

Monthly

Current Account

Quarter

Current Account Goods

Quarter

Current Account Services

Quarter

Current Account to GDP

Annually

Exports

Monthly

Foreign debt

Quarter

Foreign Direct Investments

Quarter

Gold reserves

Quarter

Current

8,133.46 Tonnes

🇺🇸

Imports

Monthly

Net long-term TIC flows

Monthly

Oil Exports

Monthly

Terrorism Index

Annually

Tourism revenues

Monthly

Tourist arrivals

Monthly

Trade Balance

Monthly

Trade Balance

Monthly

Weekly Crude Oil Production

frequency_weekly

Current

13.806 M Barrels Per Da

13.799 M Barrels Per Da

Terms of Trade

In the United States, the Terms of Trade (ToT) refer to the ratio of the price of exportable goods to the price of importable goods.

What is Terms of Trade?

Terms of Trade (ToT) is a critical concept in macroeconomics that fundamentally influences a nation’s economic health and its interactions on the global stage. At Eulerpool, a premier platform for macroeconomic data, we strive to elucidate such pivotal economic indicators so that policymakers, economists, and businesses can make informed decisions. Understanding the intricacies of Terms of Trade can offer profound insights into the trade dynamics, comparative advantages, and the overall economic welfare of countries. Terms of Trade is broadly defined as the ratio at which a country's export goods are exchanged for import goods. Mathematically, it is expressed as the ratio of export prices to import prices and is often multiplied by 100 to reflect percentages. The basic formula is: Terms of Trade (ToT) = (Index of Export Prices / Index of Import Prices) * 100 A value greater than 100 indicates that a country receives more for its exports than it spends on imports, signifying a favorable ToT. Conversely, a value less than 100 suggests that a country pays more for its imports relative to what it receives from exports, indicating an unfavorable ToT. The significance of Terms of Trade extends beyond mere ratios and percentages; it encompasses the broader context of a nation's economic performance, living standards, and the efficiency of resource allocation. A favorable ToT implies that a nation can purchase more imports for a given quantity of exports, potentially enhancing consumer welfare and affording a higher standard of living. On the other hand, an unfavorable ToT can lead to economic hardships, eroding purchasing power and amplifying trade deficits. Several factors influence Terms of Trade. Key among them are: 1. Exchange Rates: Fluctuations in exchange rates can significantly impact ToT. An appreciation of the domestic currency makes imports cheaper and exports more expensive, potentially deteriorating the ToT. Conversely, a depreciation makes exports cheaper and imports dearer, which can improve the ToT. 2. Commodity Prices: Nations that export commodities are particularly susceptible to global price volatilities. For instance, a surge in oil prices can vastly improve the ToT for oil-exporting countries but worsen it for oil-importing nations. 3. Trade Policies: Tariffs, quotas, and other trade restrictions can alter ToT by influencing the prices of imports and exports. Trade liberalization, which typically reduces trade barriers, can lead to more competitive prices and improved ToT. 4. Terms of Trade Shock: Events such as natural disasters, geopolitical conflicts, or sudden technological advancements can cause abrupt and significant changes to ToT. For instance, a technological breakthrough in a country's key export sector can improve its ToT by making its products more competitive globally. Understanding ToT is indispensable for assessing the economic health of nations. Favorable ToT can lead to trade surpluses, boosting foreign exchange reserves, stabilizing currency, and reinforcing economic growth. Moreover, it can enhance the attractiveness of a nation as a trade partner, encouraging foreign investment and technological transfers, which further stimulate economic development. Conversely, an unfavorable ToT can precipitate trade deficits, deplete foreign reserves, induce inflationary pressures, and destabilize the currency. In such scenarios, countries might find themselves compelled to seek international financial assistance, implement austerity measures, or pursue structural reforms to restore economic stability. The broader implications of ToT extend to income distribution and economic equity. Changes in ToT can alter the income distribution within a country by affecting employment levels and wages in export and import-competing industries. For example, an improvement in ToT due to a rise in commodity prices can boost income for resource-rich regions while potentially disadvantaging industrial regions that rely on imported inputs. ToT also plays a crucial role in shaping global economic interdependencies and power dynamics. Nations with strong ToT wield greater economic influence, leveraging their trade advantages to negotiate favorable trade agreements, influence global commodity prices, and assert their geopolitical interests. At Eulerpool, we acknowledge that tracking and analyzing ToT is essential for a nuanced understanding of global trade dynamics. Our platform offers comprehensive macroeconomic data, enabling users to monitor ToT trends and their implications in real time. By providing access to a wealth of economic indicators, we empower users to make data-driven decisions, anticipate market shifts, and devise strategies that align with global trade realities. In summary, Terms of Trade is a vital macroeconomic indicator that encapsulates a nation's economic interactions with the rest of the world. It reflects the relative prices of exports and imports, influencing economic welfare, trade balances, and income distribution. A deeper understanding of ToT can provide valuable insights into a nation’s economic health, guiding policymakers, businesses, and investors in their strategic planning and decision-making processes. At Eulerpool, our commitment to providing high-quality macroeconomic data ensures that you are equipped with the knowledge and tools to navigate the complexities of global trade and economic development.

Terms of Trade United States — FAQ

What is the current Terms of Trade in United States?

The current Terms of Trade in United States is 108.948 Points as of 3/1/2026.

How has the Terms of Trade in United States changed recently?

The Terms of Trade in United States increased from 108.703 Points (12/1/2025) to 108.948 Points (3/1/2026).

What is the all-time high for Terms of Trade in United States?

The all-time high for Terms of Trade in United States was 165.48 Points, recorded on 6/1/1968.

What is the all-time low for Terms of Trade in United States?

The all-time low for Terms of Trade in United States was 89.99 Points, recorded on 9/1/2008.

What is the historical average of Terms of Trade in United States?

The historical average of Terms of Trade in United States is 110.2 Points, calculated over the period from 3/1/1967 to 3/1/2026.

Where does the Terms of Trade data for United States come from?

The Terms of Trade data for United States is sourced from U.S. Bureau of Economic Analysis and published on Eulerpool.

Key Figures

Country

United States

Continent

Americas

Highest Value

165.48

Lowest Value

89.99

Average Value

110.2

The edge that pays for itself.

United States Terms of Trade

Terms of Trade

Terms of Trade

Terms of Trade History

Similar Macro Indicators to Terms of Trade

Arms Sales

Capital Flows

Car Exports

Crude Oil Production

Current Account

Current Account Goods

Current Account Services

Current Account to GDP

Exports

Foreign debt

Foreign Direct Investments

Gold reserves

Imports

Net long-term TIC flows

Oil Exports

Terrorism Index

Tourism revenues

Tourist arrivals

Trade Balance

Trade Balance

Weekly Crude Oil Production

Terms of Trade

Macro pages for other countries in Americas

What is Terms of Trade?

Terms of Trade United States — FAQ

Key Figures

All Macro Indicators for United States