Import Price Index by Origin (NAICS): Manufacturing, Part 3 for Association of Southeast Asian Nations
COASEANZ33 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.40
Year-over-Year Change
4.03%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Manufacturing, Part 3 for Association of Southeast Asian Nations (ASEAN) measures changes in the prices of manufactured goods imported from ASEAN countries. This metric provides insights into inflationary pressures and trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks price movements for a basket of manufactured products imported from the ASEAN economic bloc, which includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It is a key indicator for understanding the cost and competitiveness of goods sourced from this important trading region.
Methodology
The data is collected through surveys of importing companies and calculated using a Laspeyres formula.
Historical Context
Policymakers and economists monitor this index to assess the impact of trade policies, exchange rates, and global supply chain shifts on domestic inflation.
Key Facts
- ASEAN is the 4th largest trading partner for the United States.
- The ASEAN region accounts for over 13% of total U.S. goods imports.
- Manufactured goods make up over 80% of total U.S. imports from ASEAN.
FAQs
Q: What does this economic trend measure?
A: The Import Price Index by Origin (NAICS): Manufacturing, Part 3 for Association of Southeast Asian Nations (ASEAN) measures changes in the prices of manufactured goods imported from the ASEAN economic bloc.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and trade dynamics, helping policymakers and economists assess the impact of trade policies, exchange rates, and global supply chain shifts on domestic inflation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importing companies and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this index to assess the impact of trade policies, exchange rates, and global supply chain shifts on domestic inflation.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Federal Reserve's import price index series.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Manufacturing, Part 3 for Association of Southeast Asian Nations (COASEANZ33), retrieved from FRED.